Matter Labs launched Prividium Connect, a ZKsync service, Tuesday, giving financial institutions a way to trade across blockchains and reclaim their own assets if delivery is not completed on time.
The service is designed for all-or-nothing trades. Zero-knowledge proofs check whether trades meet the parties’ agreed terms while keeping account balances, asset positions and customer identities private. Matter Labs says trades can proceed without a trusted intermediary.
The service’s first supported networks are Hyperledger Besu and Prividium Ledger. Matter Labs plans to expand support in response to customer needs.
Prividium Commander is a separate offering that helps institutions bring digital assets into their operations. Matter Labs also proposed a standardized version for public-chain deployment; community governance approval is still needed for activation, integration and fee parameters.
EconoTimes previously covered a Japan partnership involving Prividium that gave NexBridge local promotion and implementation responsibilities.
