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A HUGE STEP FORWARD FOR BITCOIN’S ‘FIRST ZK ROLLUP’... “Citrea is ready to be tested in a real Bitcoin network environment” - @Citrea_xyz, which describes itself as ‘Bitcoin’s First ZK Rollup’, has today achieved a major milestone in its journey toward official mainnet launch. - According to an official blog post, Citrea’s testnet has officially gone live on ‘Bitcoin Testnet4’. “Citrea Testnet sets the stage for using Bitcoin as a settlement layer, putting research efforts into public testing”, reads the blog. - Not only does Citrea claim to be ‘Bitcoin’s First ZK Rollup’, but it also offers several other key features that should allow the construction of a host of blue-chip applications built on Bitcoin. - These include… (i) Full EVM compatibility (ii) Use of Bitcoin as a settlement layer (iii) Access to Bitcoin’s blockspace “While Citrea Devnet marked the first time Bitcoin was used as a data availability layer, Citrea Testnet takes it a step further by testing the underlying infrastructure needed for a trust-minimized Bitcoin bridge” - Citrea’s BitVM-based bridge is known as ‘Clementine’ and this testnet phase introduces it in “nearly complete” form. - It is via Clementine that Citrea will be able to offer the hotly anticipated Bitcoin-based settlement which it promises. “Citrea’s vision is to build scalable infrastructure that advances Bitcoin into its next phase, the foundation for the world’s finance… Achieving this vision requires using Bitcoin as both a settlement and data availability layer”

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The largest institutions and enterprises in the world are adopting tokenized assets. 5 recent industry reports examining the tokenization megatrend ↓ 1. “There is growing interest in investing in tokenized assets”—@EY_Parthenon. ey.com/content/dam/ey… 2. "Tokenized financial assets are moving from pilot to at-scale deployment"—@McKinsey. mckinsey.com/industries/fin… 3. “Asset tokenization is … a paradigmatic shift in asset management”—@KPMG and Singapore FinTech Association. assets.kpmg.com/content/dam/kp… 4. “We expect demand for overall tokenised real-world assets to reach up to USD 30.1 trillion by 2034”—@StanChart and @synpulsemc. sc.com/en/corporate-i… 5. “By 2030 the majority of value will be transacted in the form of Digital Assets”—@RolandBerger. rolandberger.com/en/Insights/Pu…