The Ethereum Foundation and Keyring jointly launch a new financing mechanism to support privacy.

Foresight News reports that the Ethereum Foundation's funding coordination team has launched a new financing mechanism in collaboration with Keyring Network to support privacy. The zkVerified treasury on the Keyring Mainnet provides access to a compliant and privacy-protecting DeFi lending market. In the first two months, all protocol fees from the Keyring zkVerified treasury will be donated to the legal defense fund of Roman Storm and Alexey Pertsev. These two Tornado Cash developers are currently on trial for releasing Open Source code. The Ethereum Foundation stated that this model ensures that the early users of the treasury can directly support the legal protection of privacy-focused developers. Keyring links the rise of new financial tools with the protection of developers, demonstrating that the community can enhance resilience while driving innovation.