Matter Labs (zkSync)

Matter Labs is the company behind ZKsync, described as a network of chains secured by cryptography rather than validators, positioned as infrastructure for businesses and financial institutions operating in digital assets. ZKsync connects public and private chains into a single cryptographically secured network, with roughly one-second network hops between chains and finality to Ethereum measured in minutes. Advertised use cases include launching and monetizing customer-controlled chains, tokenizing and settling real-world assets such as treasuries, fund shares and private credit with user-level privacy and selective disclosure, running programmable capital markets with private order flow and public price integrity, and real-time cross-border settlement without trusted third parties.

The product portfolio comprises ZK Stack, an open-source framework for building customizable, enterprise-grade ZK blockchains that inherit Ethereum's security; Prividium, a chain platform aimed at institutions requiring privacy, compliance and control of their data; ZKsync Connect, an interoperability protocol for real-time, ZK-secured connectivity across public and private systems with atomic, privacy-preserving settlement; and Airbender, a RISC-V prover marketed as producing subsecond block proofs on commodity GPUs at costs around $0.0001 per transfer, able to prove EVM bytecode, WASM or Rust. Developer-facing features include Solidity support with Hardhat and Foundry, passkeys, smart accounts, paymasters and session keys, and managed or self-hosted deployment with metrics, logs and tracing.

Company figures published on its site cite 18 chains in the network, more than $4 billion in total value locked and over 700 million transactions processed. Named engagements include BitGo, the Cari Network tokenized deposit platform built with U.S. regional banks, and ADI Chain in the MENA region.

Business model

The company supplies blockchain infrastructure and platform software, enabling enterprises and institutions to launch public or private chains that they can operate self-hosted or as a managed service, with the option to control and monetize their own chain economics.

Traction

Published metrics report 18 chains in the network, more than $4 billion in TVL secured and over 700 million transactions processed. Institutional engagements include BitGo tokenized deposit infrastructure, the Cari Network platform built by U.S. regional banks, and ADI Chain in MENA. Press coverage includes CoinDesk, S&P Global, American Banker, CNBC and The Verge.

Latest developments

During 2026 the company announced tokenized deposit work with BitGo (March 2026) and the Cari Network platform built by U.S. regional banks (reported June 2026), published a report on deposits, and presented Prividium's private atomic delivery-versus-payment settlement on Ethereum (July 2026).