Alex Gluchowski

Co-founder & Chief Executive Officer

Matter Labs | ZKsync

Alex Gluchowski is a software architect with over 15 years of experience in engineering and startups. He is the co-founder and CEO of Matter Labs (developer of ZKsync), where he leads efforts to bring institutional-grade blockchain infrastructure to global institutions through zero-knowledge proof technology. Under Alex's leadership, ZKsync is a key partner for major financial institutions, governments, and enterprises looking to adopt blockchain technology.

Speaking at

2:00–3:30pmTue 23 JunGFTN InsightsRoundtable Room 2, Ground FloorOpen
Blueprint for Digital Assets

The Future of Commercial Bank Money On-Chain

GFTN InsightsRoundtable Room 2, Ground FloorOpen
About this session

As the adoption of stablecoins accelerates globally, policymakers and financial institutions are confronting a deeper structural question: what form of money will anchor the next generation of digital finance?
Deposit tokens have emerged as one of the leading responses to this challenge, combining the safeguards of the traditional banking system with the programmability and efficiency of distributed ledger technology. However, despite growing institutional interest, most initiatives remain confined to pilots and closed networks, even as stablecoins rapidly achieve scale, distribution, and integration across digital asset ecosystems.
This roundtable brings together banks, infrastructure providers, and financial institutions to examine the challenges that constrain adoption of tokenized deposits, and the extent to which deposit tokens will coexist with or compete against stablecoins and other forms of digital money. It will also explore the growing push by jurisdictions worldwide to develop local-currency stablecoins as a strategic counterweight to dollar-denominated instruments and what these twin approaches - local currency stablecoins vis-a-vis on-chain commercial bank money - mean for the future shape of digital money.
Critically, the discussion will pose a broader strategic questio: whether tokenized commercial bank deposits can provide a sovereign and trusted foundation for the digital economy, or whether the future of digital money will be predominantly shaped by private stablecoin ecosystems, and the role of jurisdiction-specific stablecoin models therein.
2:00–3:30pmWed 24 JunGFTN InsightsRoundtable Room 2, Ground FloorOpen
Blueprint for Digital Assets

GL1 Dialogue: Institutional-Grade Ledger Infrastructures

GFTN InsightsRoundtable Room 2, Ground FloorOpen
About this session

As digital assets continue to expand across global markets, public and private sector stakeholders face growing complexities around operations, regulations, and scalability. Some advocate for a single global ledger, while others favour consistent standards to be applied across networks to enable seamless interoperability.

This roundtable will examine these perspectives and explore what it will take to build a scalable digital asset ecosystem on institutional-grade infrastructure.

Featured speakers

Hosted by

Alex Gluchowski

Speaking at

The Future of Commercial Bank Money On-Chain

GL1 Dialogue: Institutional-Grade Ledger Infrastructures