How Toku Powered ZKsync’s Token Generation Event

ZKsync partnered with Toku to execute a complex Token Generation Event (TGE) spanning 25+ jurisdictions, hundreds of grants and multi-stakeholder coordination - delivering compliance, tax efficiency and flawless execution under tight deadlines.

The Challenge

Launching a Token Generation Event Across Jurisdictions with Zero Margin for Error

ZKsync needed to execute a token generation event that involved hundreds of grant agreements and complex tax and regulatory requirements across more than 25 jurisdictions. The timeline was narrow - it needed to coordinate investor and employee grants, integrate multi-sig wallets, align with existing security systems, and satisfy internal legal teams and external counsel.

Challenge points included:

• Designing tax-efficient structures tailored to each jurisdiction while working with internal legal and tax teams.
  
• Processing hundreds of grant agreements under tight timelines and evolving requirements.
  
• Integrating with wallets, security protocols and investor management systems.
  
• Managing multi-stakeholder coordination (employees, investors, legal, tax, external counsel) across multiple time zones.
  Without the right partner, this type of token event carries significant regulatory, legal and timeline risk.

The Approach

Toku’s Three-Phase Strategy for Flawless Token Launch Execution

To meet ZKsync’s requirements, Toku implemented a structured three-phase approach covering preparation, execution and post-launch support.

1. Preparation Phase

Toku created jurisdiction-specific document templates, custom safe-sizing models and a multi-sig wallet strategy using Gnosis Safe to govern both investor and employee wallets. This groundwork ensured the event could proceed without manual bottlenecks or legal uncertainty.

2. Execution Phase

During the short execution window, Toku processed hundreds of grant agreements simultaneously, coordinated execution across jurisdictions, and managed critical tax elections in major markets including the US, UK and the EU. The team worked across time zones, integrating with internal systems and external legal counsel to maintain flawless execution.

3. Support Phase

After launch, Toku continued to support ZKsync with contributor education (town halls), 24/7 platform support, staking, voting and governance assistance, as well as integration with Anchorage and ZKsync’s custodian infrastructure. This ensured the launch was not just completed, but adopted successfully by all stakeholders.

The Results

Toku enabled ZKsync to move fast without sacrificing legal or tax integrity. The event completed on schedule, while delivering tax-efficient structures and full jurisdictional alignment. Legal costs were significantly reduced and resource burden minimized. All stakeholders - employees, investors, internal teams, external counsel - had clarity, trust and a smooth experience. ZKsync now possesses a repeatable, compliant model for future launches and token events.

Key Takeaways

1. Token launches are complex - built-in support matters. A global TGE involves legal, tax, wallet and regulatory layers that require specialist infrastructure.
   
2. Preparation beats reaction. Custom templates, models and wallet strategy laid the groundwork for smooth execution.
   
3. Jurisdictional alignment is essential. Tax and legal teams across jurisdictions must be coordinated and aligned before launch.
   
4. Post-launch support is not optional. Education, governance workflows and platform support ensure token distribution translates into value.
   
5. Repeatability builds future advantage. A successful event creates a framework that can be reused for future token issuances or grant programs.
   

The Outcome

ZKsync now has a token generation event model that is fast, compliant and scalable. With Toku’s infrastructure and support, the company executed a high-stakes global launch with confidence, reduced cost and legal clarity. Going forward, ZKsync can replicate this model for future grants and token issuances with minimal friction.

Toku helps organizations deliver compliant token launches, grants and compensation programs across borders - on deadline and without regulatory compromise.

Partner with Toku!