According to BlockBeats, on June 12, Jiritsu Network, which focuses on the real world asset (RWA) track, announced that its latest product integration has been successfully applied to the BlackRock Bitcoin ETF. Through Jiritsu's native zero-knowledge multi-party computation (ZKMPC) oracle, this integration can verify the BlackRock ETF's reserves in real time and bring the verified amount of Bitcoin to the chain. This move has greatly improved the transparency of real assets and the speed of subsequent audits, allowing investors to have a clearer understanding of the assets behind the ETF.
In addition, in May, Michael Lustig, a former BlackRock director with extensive ETF asset management experience, joined Jiritsu. This innovation of Jiritsu Network not only strengthens the application of blockchain technology in the financial field, but also sets a new standard for the credibility and transparency of the entire cryptocurrency market. It is reported that Jiritsu Network successfully raised US$10 million in September 2023 to develop verifiable computing of real-world assets, and is a new star worth looking forward to in the RWA track.