Gnosis and Zisk launch the Ethereum Economic Zone, a Rollup framework funded by the Ethereum Foundation.

Techub News reported, according to The Block, Gnosis co-founder Friederike Ernst and Zisk founder Jordi Baylina announced at the Cannes EthCC conference the launch of the Ethereum Economic Zone (EEZ) initiative. Co-funded by the Ethereum Foundation, this initiative aims to enable smart contracts on connected Rollups to call contracts on the mainnet or other EEZ Rollups, providing the same guarantees as those deployed on Ethereum itself. The framework uses ETH as the default gas token, eliminating the need for additional bridging infrastructure. According to the release plan, the EEZ will operate as a Swiss non-profit organization, with all software released as free and open source. The project's technical specifications and performance benchmarks are expected to be announced in the coming weeks.

The project launched concurrently with an informal alliance called the EEZ Alliance. Founding members include DeFi lending protocol Aave, block builders Titan and Beaver Build, real-world asset platform Centrifuge, and tokenized stock project xStocks.