Matter Labs, the developer of ZKsync, has launched Prividium Connect, a tool for institutions to exchange assets privately across blockchains. It initially supports Hyperledger Besu and Prividium Ledger, according to The Defiant, as reported by TechFlow on November 10, 2026.
The tool uses zero-knowledge proofs to verify transaction conditions. Both sides of a swap either complete their asset transfers or neither does. Final confirmation still depends on the settlement layer selected.
Separately, Matter Labs has proposed routing interoperability fees from public deployments of the tool’s specification into the existing Fee Flow system, linking those fees to the ZK token. Activating the fee switch, integrating the systems and setting fee rates all remain subject to governance approval.
Original report: TechFlow (published November 10, 2026, at 20:43 UTC+8).