BitGo and ZKsync have just announced a strategic partnership to provide full-stack infrastructure for banks wishing to implement Tokenize deposits – a significant step in bringing traditional banking systems onto the blockchain platform in a controlled and legally compliant manner.
This infrastructure combines two complementary strengths:
- BitGo's custody and institutional wallet services are Capital widely trusted in the financial world.
- Prividium, ZKsync's permissioned blockchain, is designed specifically for organizations that require tight control over access and regulatory compliance.
Through this integrated solution, banks can complete the entire lifecycle of Tokenize deposits: from issuance and transfer to settlement, all on the blockchain, while maintaining internal control and meeting current regulatory compliance requirements.
Filling the gap between banking and blockchain.
One of the biggest barriers preventing banks from adopting blockchain is concern about losing control of data, violating regulations, or operating on public chain that don't meet compliance requirements. BitGo and ZKsync's solution is designed to address precisely this issue, allowing financial institutions to move traditional cash flows onto the blockchain without breaking legal barriers, instead of having to choose between the two.
The infrastructure is currently in the testing phase and is expected to be officially operational in the second half of 2026. This is sufficient time for partner banks to finalize their internal integration processes before deploying to the market.
