Bitgo and Zksync Partner to Support Institutional Tokenized Deposits – News Bytes Bitcoin News

On March 25, 2026, Bitgo and Zksync announced a strategic partnership to integrate institutional custody and wallet services with Prividium, a privacy-preserving blockchain platform. This collaboration enables regulated financial institutions to manage digital representations of traditional bank liabilities within a secure framework.

The partnership provides banks with a unified technology stack to modernize treasury operations and payments without moving funds outside the existing banking system. This infrastructure supports always-on settlement and programmable money movement while maintaining strict compliance with current regulatory oversight.

The joint infrastructure is currently undergoing testing with several regulated financial institutions. Both firms indicate that the platform is progressing toward broader production deployment, which is expected to occur by the end of 2026.

“This partnership combines Bitgo’s infrastructure with Zksync’s privacy-preserving network to give banks a practical path to modernize settlement and treasury operations,” said Chen Fang, Chief Revenue Officer at Bitgo.

🧭 FAQs

• What are tokenized deposits in this banking context? They are digital representations of traditional bank liabilities managed on a blockchain.

• Where is this new infrastructure being tested? Regulated financial institutions are currently testing the platform in their local jurisdictions.

• When will the platform be available for full use? Broad production deployment for banks is scheduled for the end of 2026.

• How does Prividium protect institutional banking data? It utilizes a privacy-preserving network designed specifically for the needs of regulated institutions.