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Starknet taps EY Nightfall to bring institutional privacy to Ethereum rails

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 159 Views

Starknet taps EY Nightfall to bring institutional privacy to Ethereum rails

StarkWare is integrating EY’s Nightfall privacy protocol into Starknet to give institutions private payments and DeFi access on public Ethereum-aligned rails, while preserving auditability.

Starknet developer StarkWare has integrated EY’s Nightfall privacy protocol to let institutions run private payments and decentralized finance (DeFi) activity on public Ethereum-aligned rails, targeting banks and corporates that need confidentiality without giving up auditability. 

In a Tuesday release shared with Cointelegraph, StarkWare positioned the move as a way for enterprises to use a shared, open layer-2 rather than closed, bank-only networks, while working with a Big Four firm that already audits many of the organizations it wants to onboard.

The integration brings Nightfall, an open-source zero-knowledge (ZK) privacy layer built by EY, that lets transactions be verified without revealing underlying data, onto Starknet to enable private B2B and cross-border payments, confidential treasury management and 24/7 tokenized asset transfers onchain.

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