No, the Sony Tough G 128GB CFexpress Type B is not compatible with the Sony ZV-1 Mark II.
Sony ZV-1 Mark II has a single SD/Memory Stick card slot only -- no CFexpress slot of any type. Confirmed on Sony's own ZV-1M2 Help Guide, which states only SD/SDHC/SDXC and Memory Stick PRO Duo media are supported. Sony Tough G CFexpress Type B has no SD interface to fall back to.
“This camera supports SD memory cards and Memory Stick media.”
Last verified:
Confidence: high confidence