BitGo and ZKsync are teaming up to build full‑stack infrastructure for tokenized deposits to bring banks onchain, combining BitGo’s custody and wallet services with ZKsync’s Prividium. The collaboration is already being tested with regulated financial institutions, with a broader production rollout targeted for later this year, and aims to enable banks to issue, transfer, and settle tokenized deposits while maintaining compliance and control. The article date is 2026-03-25, and the scope includes keeping funds within the traditional banking system while enabling programmable transactions without altering existing regulatory frameworks.
The joint infrastructure offering by BitGo and ZKsync provides a comprehensive solution for banks to manage tokenized deposits effectively. This collaboration integrates BitGo’s well-established custody and wallet services with ZKsync’s Prividium, a permissioned blockchain designed to preserve privacy while complying with regulatory frameworks. The infrastructure is crafted to enable banks to seamlessly issue, transfer, and settle tokenized deposits while maintaining necessary compliance and control measures. By utilizing BitGo’s secure custody solutions, banks can ensure the safety of digital assets, while ZKsync’s Prividium facilitates efficient transactions on a blockchain that supports regulated entities. This combination not only supports the existing banking system but also allows for programmable payments and simplified blockchain adoption, making it easier for financial institutions to transition to onchain operations without compromising on regulation and privacy.
ZKsync’s Prividium is a permissioned, privacy-preserving blockchain designed for regulated entities. Prividium is the blockchain component used in the tokenized deposit project and is intended to support regulated participants onchain. The design emphasizes permissioning and privacy for use by regulated entities. Within the joint offering, Prividium is presented as the element that enables programmable payments on a blockchain environment tailored to financial institutions.
Prividium integrates with BitGo’s custody and wallet services as part of the combined full‑stack infrastructure that enables banks to issue, transfer, and settle tokenized deposits while maintaining compliance and control. Tokenized deposits within the project keep funds within the traditional banking system and can enable programmable transactions without altering existing regulatory frameworks. The combined stack is already being tested with regulated financial institutions, with a broader production rollout targeted for later this year. The platform aims to enable programmable payments and simplify blockchain adoption for financial institutions.
Matter Labs CEO Alex Gluchowski stated tokenized deposits represent “how banks bring money onchain without leaving the regulatory system.” Tokenized deposits keep funds within the traditional banking system. They can enable programmable transactions without altering existing regulatory frameworks.
Tokenized deposits allow banks to issue, transfer and settle onchain balances while maintaining compliance and control. The project combines BitGo’s custody and wallet services with ZKsync’s Prividium to provide the combined full‑stack infrastructure supporting these operations. Prividium is a permissioned, privacy‑preserving blockchain designed for regulated entities and is presented as the element that enables programmable payments on the platform.
These features let banks adopt onchain capabilities while remaining inside established regulatory systems. The approach emphasizes compliance, permissioning and privacy for regulated financial institutions.
BitGo and ZKsync are collaborating to build a full‑stack tokenized deposit infrastructure that combines BitGo’s custody and wallet services with ZKsync’s Prividium. The project emphasizes regulatory compliance, permissioning and privacy so banks can issue, transfer and settle tokenized deposits while keeping funds within the traditional banking system. By integrating custody, wallet and a permissioned blockchain layer, the offering aims to simplify blockchain adoption for regulated financial institutions and enable programmable payments without changing existing regulatory frameworks, with the combined stack already in testing and a broader production rollout targeted for later this year.
