BitGo and ZKsync Team Up on Blockchain-Based Tokenized Deposits

A new partnership between BitGo and ZKsync is accelerating the convergence of traditional finance and blockchain technology.

The two companies are collaborating to deliver a comprehensive infrastructure for tokenized deposits, which allows banks to issue, transfer, and settle deposits securely and efficiently.

At the heart of the collaboration is ZKsync's Prividium, a permissioned and privacy-preserving blockchain network built specifically for regulated entities.

Paired with BitGo's institutional custody and wallet services, the combined stack gives financial institutions everything they need to leverage programmable transactions without disrupting regulatory frameworks.