On November 10, 2026, Foresight News reported that ZKsync developer Matter Labs had launched Prividium Connect on mainnet. The product is designed to let institutions exchange assets across their existing blockchains without a trusted intermediary.
Prividium Connect uses ZKsync’s open-source atomic interoperability protocol. Before a transaction completes, zero-knowledge proofs check whether both parties meet the agreed conditions. The two transfers then either complete together or do not complete; if the transaction times out, each party can reclaim its assets.
Initial support covers Hyperledger Besu and Prividium Ledger. Matter Labs identified securities delivery-versus-payment, repurchase agreements, and fund subscriptions and redemptions as potential uses. Institutions can keep balances, holdings, and customer information in their own systems and choose what to disclose to auditors and regulators.
A separate public-chain deployment remains a proposal, not an approved feature. Matter Labs proposed an official version that would convert collected cross-chain fees into ZK for distribution as governance decides. The fee switch has been developed and is undergoing an audit, but activation, integration, and fee-rate parameters still require governance approval.
Original report: Foresight News · Published November 10, 2026, at 20:38 (UTC+8).