defiNovember 10, 2026
Matter Labs launches Prividium Connect for private cross-chain asset swaps
Matter Labs, the developer behind ZKsync, has introduced Prividium Connect, a tool for confidential asset exchange between blockchains without a trusted intermediary. It relies on zero-knowledge proofs (ZKPs), which ensure that transfers on both sides either complete simultaneously or do not happen at all.
Initially, it supports private networks built on Hyperledger Besu and Matter Labs' Prividium Ledger. The company also proposed deploying a standard version of Prividium Connect in public networks.
Interoperability fees collected in public networks will be converted into the ZK token by the Fee Flow system in ZKsync Era and distributed according to the community's decision. Activation, integration and the size of fees require DAO approval.
For those who hold or exchange cryptocurrency, the news means the ZKsync ecosystem may gain another way to move assets between networks while preserving confidentiality — but only after DAO approval.