ZKsync Foundation - Treasury Report

General
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Hello ZKsync Foundation,

The Foundation recently shared a report on its operational results — covering topics from ecosystem growth to the updated tokenomics. However, following industry best practices and the principle of transparency toward the community and the broader market, the report should also include information about the Foundation’s treasury, which is currently missing.

Major organizations in the industry openly disclose their treasury performance in their respective reports. For example:

Arbitrum Foundation – https://docs.arbitrum.foundation/assets/files/ArbitrumFoundationBiannualReport2025H1-a212b78c3f14904307067a78e7a17065.pdf

Ethereum Foundation – https://ethereum.foundation/report-2024.pdf

These reports include not only the balance of digital assets as of the reporting date, but also a breakdown of spending over the relevant period.

According to the Foundation’s capped minter contract, nearly 2.5 billion ZK tokens have been minted as of today. What I am looking for is the same level of transparency demonstrated by other top-tier foundations. Specifically, I would like to request the following:

1. Current Account Balances

A clear overview of the Foundation’s holdings as of the end of 2025, including (but not limited to):

  • ZK tokens
  • ETH
  • Stablecoins
  • Any other digital assets held by the Foundation

2. Historical Spending Breakdown

A high-level outline of expenditures since the Foundation’s establishment. I understand that the Foundation cannot disclose individual contracts or confidential deal terms. Therefore, a category-level breakdown would be sufficient. For example:

  • Team & operational costs – $1M
  • Investments & grants – $2M
  • Infrastructure – $2M
  • Others

In line with the transparency standards set by leading industry foundations, publishing a detailed treasury report would significantly strengthen trust, accountability, and alignment with the community. The operational report is a great step forward, and adding the treasury component would provide a complete picture of the Foundation’s financial stewardship.

6 Likes
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@bendob @Be1garat tagging for visibility

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I agree with @Demacia. In the spirit of transparent.

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I think everyone would like to see a detailed report, the question is whether the team is ready to publish it.

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I guess team doesn’t want to share details…. foundation isn’t that transparent on chain shows something is fishy but still wanted into detailed report so we can match on chain and other stuff!!

and team foundation isn’t ready to share that :sweat_smile:

tagging @Be1garat here !!!

1 Like
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Appreciate the ZKsync Foundation’s recent operational report - it’s a solid step toward transparency.

One area that could further strengthen trust and community alignment is treasury disclosure. Many leading ecosystems (e.g., Ethereum Foundation, Arbitrum) publish high-level treasury balances and spending categories alongside operational updates.

Given that ~2.5B ZK tokens have been minted via the capped minter contract, it would be helpful to see a high-level treasury snapshot (ZK, ETH, stables, other assets) and a category-based spending breakdown (team & ops, grants/investments, infrastructure, etc.).

This kind of reporting would reinforce accountability and long-term confidence in the ecosystem. Thanks to the team for the continued work and openness to community feedback.

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Hello and thanks for raising this, I appreciate the constructive push toward greater transparency.

I’d like to clarify an important structural distinction: within the ZKsync ecosystem, it is the ZKsync Association that supports the governance system that is used to manage tokens under the control of the Token Assembly. The ZKsync Association recently published an annual report which can be found here.

The ZKsync Foundation is an independent entity that was assigned a portion of tokens at launch to fulfil a specific mandate which is to accelerate the adoption of the ZKsync technology. It does this by pursuing strategic partnerships and funding ecosystem infrastructure development and related costs with direct deployments and not governance token allocations.

To maintain transparency, the Foundation has shared regular updates throughout 2025 outlining its priorities and work, for example here, here and here.

We’ll continue providing updates along these lines going forward, and we’re actively considering what additional information can be shared in a way that meaningfully increases transparency without limiting the Foundation’s impact.