ZkCloud

Name

ZkCloud

Legal name

Gevulot Oy

Website

https://zkcloud.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. EVM Transaction Fees / Traffic Revenue: Zenith contributes to Canton's burn-mint equilibrium. Every EVM transaction on Zenith is represented as Canton activity and consumes Global Synchronizer traffic. Paid traffic is funded through Canton's traffic model by burning Canton Coin (CC). The volume of EVM-generated Canton activity creates additional demand for Global Synchronizer traffic and CC burn pressure. Fee value remains within Canton's economic loop with no value diverted to a sequencer operating outside Canton's tokenomics.
2. Application Rewards: Application providers deploying on Zenith EVM can earn Canton Coin rewards. Under the traffic-based model, application rewards are calculated from the traffic cost of successful app-related activity on the Global Synchronizer.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels8 records

Core offering

Zenith provides EVM and SVM execution layers for Canton Network, enabling Ethereum and Solana developers to deploy decentralized applications directly within an institutional-grade blockchain ecosystem. The company offers Zenith EVM (100% Ethereum-compatible execution with 100,000+ TPS and sub-second finality), Zenith Stack (custom blockchain launch infrastructure), and Zenith SVM (Solana-compatible execution, coming soon). All solutions are anchored on Canton Network, providing consensus-level atomicity via the external_call() primitive rather than HTLC-based cross-chain swaps.

Product overview

Zenith is a blockchain infrastructure company providing EVM and SVM execution layers for Canton Network. The core product portfolio consists of Zenith EVM (Ethereum-compatible execution environment delivering 100,000+ TPS with sub-second finality), Zenith SVM (Solana-compatible execution environment, coming soon), and Zenith Stack (custom blockchain launch infrastructure). Supporting these are the Zenith EVM Explorer (blockchain explorer) and Zenith API (programmatic access via Etherscan-compatible REST endpoints). All Zenith solutions are anchored on Canton Network, enabling native composability with Canton-native assets and applications through consensus-level atomicity rather than HTLC-based economic atomicity.

Differentiator

Problem solved

Functional benefit

Brands

• Zenith EVM: Ethereum-compatible execution environment for Canton Network, providing 100,000+ TPS with sub-second finality
• Zenith Stack
• Zenith SVM

Products and services

• Zenith EVM 100% Ethereum-compatible EVM execution environment deployed on Canton Network. Enables developers to deploy Ethereum applications directly into a Zenith EVM on Canton with familiar tooling (Solidity, Hardhat, Foundry, MetaMask). Supports instant deployment, application rewards in Canton Coin (CC), 100,000+ TPS, and sub-second finality.
• Zenith SVM Solana Virtual Machine execution layer for Canton Network, enabling developers to deploy Solana applications directly into a Zenith SVM on Canton. Status: Coming soon; not yet generally available.
• Zenith Stack Fully customized blockchain environment launch solution that allows organizations to launch their own blockchain within Canton Network without building or maintaining the underlying infrastructure. Designed for enterprises and consortia needing a dedicated, customized blockchain environment.
• Zenith EVM Explorer Real-time blockchain explorer monitoring the full lifecycle of Zenith EVM transactions on Canton Network. Provides Dashboard, Blocks, Transactions, Linked Transactions, Contracts, Tokens, Faucet, Stats, and API Docs sections. Tracks Canton updates, EVM blocks, linked transactions, latency metrics, and success rates.
• Zenith API REST API providing programmatic access to Zenith EVM Explorer data, including Etherscan-compatible endpoints for contract verification, account modules, proxy JSON-RPC passthrough (eth_blockNumber, eth_getTransactionByHash, eth_getCode, eth_call), and faucet access. Network configuration: Chain ID 936485, Currency symbol ZTH, RPC URL http://127.0.0.1:9200.

Quantifiable outcome

• 100,000+ TPS with sub-second finality vs HTLC-based swaps requiring hours for timelock windows
• +2 more outcomes

Named customers20 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature6 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• Digital AssetcoreTechnology or IntegrationDigital Asset is the creator of Canton Network and Daml. Zenith operates as an execution layer for Canton, implementing Daml-based external_call() primitive for consensus-level atomicity. Eric Saraniecki, Head of Network Strategy at Digital Asset, stated that Zenith's addition of atomically composable EVM execution expands Canton's capabilities for institutional-grade rails.
• Japanese Megabank ConsortiumflagshipStrategic or Co-development PartnerZenith invited to participate in Japanese megabank consortium to tokenize the $1.6 trillion Japanese Government Bond (JGB) repo market on Canton Network. This represents a flagship institutional real-world asset (RWA) initiative.
• Canton Network Ecosystem (50+ Super Validators)coreTechnology or IntegrationZenith operates as a Super Validator within Canton's Global Synchronizer alongside 50+ other Super Validators, supporting secure and scalable network operations. Ecosystem includes Blockdaemon, Chainlink, Circle, Fireblocks, Lukka, Nasdaq, DTCC, and other infrastructure providers.

Scale indicators9 records

Recent moves4 records

Expansion highlights5 records

Broad incumbents

• Digital Asset: Digital Asset is the creator of Canton Network and Daml smart contract language. Zenith operates as an execution layer on Canton and is deeply integrated with Digital Asset's technology stack, making Digital Asset the primary ecosystem partner and broader incumbent in the institutional blockchain space.
• Hyperledger Fabric: Hyperledger Fabric is an enterprise-grade permissioned blockchain framework used by financial institutions. As a broader incumbent in the institutional blockchain space, Fabric is comparable to the Canton Network ecosystem where Zenith operates.
• Arbitrum (Offchain Labs): Arbitrum is the largest EVM-equivalent Layer 2 by TVL and developer activity. While not directly competing on Canton, Arbitrum is the leading alternative for EVM developers and competes for the same developer mindshare that Zenith's Zenith EVM targets.
• Polygon Labs: Polygon offers CDK for building appchains and zkEVM for EVM-compatible execution. While broader in scope, Polygon competes with Zenith for EVM developer mindshare and offers alternative routes for institutional-grade scaling and interoperability.

Direct peers

• Neon EVM: Neon EVM is an Ethereum-compatible execution environment running on Solana. Like Zenith (which runs EVM on Canton), Neon provides a bridge between EVM developers and a non-EVM host chain, with similar architectural considerations around atomicity, fee mechanics, and developer tooling.
• Movement Labs: Movement Labs brings EVM execution to the Move/Aptos ecosystem with the M2 mainnet. Movement is the most direct analogue to Zenith: both embed a foreign VM execution layer (EVM) on top of a non-EVM chain (Move/Canton) and emphasize atomic composability with the host chain.

Others

• Fireblocks: Fireblocks is a Super Validator on Canton Network and a leading institutional digital asset custody and infrastructure provider. As a co-validator and adjacent infrastructure layer, Fireblocks is a relevant peer for understanding the institutional finance ecosystem Zenith serves.
• Chainlink: Chainlink operates as a Super Validator on Canton Network and provides oracle infrastructure. As a fellow Canton ecosystem participant and broader Web3 infrastructure provider, Chainlink is comparable as a peer ecosystem player serving institutional finance on-chain.

Regional players

• Blockdaemon: Blockdaemon operates as a Super Validator on Canton Network and provides blockchain node infrastructure. While focused on node operations/validators rather than execution layers, Blockdaemon is a direct peer validator in the Canton ecosystem and competes for adjacent institutional infrastructure roles.

Emerging players

• Eclipse: Eclipse runs Solana Virtual Machine execution on Ethereum settlement. Comparable to Zenith's planned Zenith SVM product, Eclipse represents the inverse architecture (SVM on Ethereum vs. EVM on Canton), making it a useful peer for understanding cross-VM execution layer economics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/zenithfdn
• GitHubgithub.com/zenith-network
• LinkedInlinkedin.com/company/zkcloud

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ZkCloud