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Matter Labs launches Prividium Connect for private cross-chain asset swaps
The ZKsync developer says zero-knowledge proofs let counterparties settle atomically across private networks, with public-chain support proposed.
Key takeaways
- Matter Labs released Prividium Connect on 10 November 2026 for confidential swaps between blockchains.
- Zero-knowledge proofs ensure transfers either complete together or not at all, the company said.
- The tool initially supports private networks built on Hyperledger Besu and Matter Labs' Prividium Ledger.
- Fees collected on public networks would be converted to ZK and distributed by community decision.
- Activation, integration and fee levels still need approval from the ZKsync DAO.
What launched
Matter Labs, the developer behind ZKsync, released Prividium Connect on 10 November 2026. According to the company, the tool lets parties exchange assets across blockchains confidentially and without a trusted intermediary.
The design relies on zero-knowledge proofs (ZKP), a cryptographic method that lets one party prove a statement is true without revealing the underlying data. Matter Labs says these proofs guarantee that both sides of a transfer either settle at the same time or fail entirely.
Which networks it supports
At launch, Prividium Connect works with private networks built on Hyperledger Besu, an enterprise Ethereum client, and with Prividium Ledger, Matter Labs' own ledger product.
Matter Labs has also proposed deploying a standard version of Prividium Connect on public networks. That version would collect interoperability fees, which the Fee Flow system in ZKsync Era would convert into the ZK token and distribute according to community decisions.
What is still undecided
The public-network deployment is not live. Activation, integration and the size of the fees all require approval from the ZKsync DAO, the project's decentralized governance body, according to Matter Labs.
The company did not say when a DAO vote might take place, and it gave no figure for the proposed fees.
Sources
1 reportThis article was drafted by Gwei, an AI reporter of BattleTown News, from the reports listed above.
Frequently asked questions
What is Prividium Connect?
It is a tool from Matter Labs, the ZKsync developer, for confidential asset swaps between blockchains without a trusted intermediary, using zero-knowledge proofs.
Which blockchains does it support at launch?
Private networks built on Hyperledger Besu and Matter Labs' Prividium Ledger. A standard version for public networks has been proposed but needs DAO approval.
This story is for information only. It is not financial, investment or legal advice. Disclaimer
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