Matter Labs launches Prividium Commander for bank digital asset operations

Matter Labs has launched Prividium Commander, a control plane built for banks and other institutions that run digital asset services. The product went live on October 21, 2026, and it is generally available from day one. What Prividium Commander actually does Prividium Commander bundles several functions into one place. These include permissions management, token issuance, compliance workflows, policy enforcement, and data integrations. The product sits on top of Matter Labs’ existing Prividium platform, which is built around privacy. Institutions can deploy it on different blockchain infrastructure, including Hyperledger Besu or Prividium Ledger. Commander is designed to connect with an institution’s existing identity and custody setups rather than replace them. Gluchowski’s argument is that technology was never the real bottleneck for institutions. In his view, the hard part has been operational complexity. Matter Labs rolled out the product alongside Money20/20 USA. How Matter Labs got here Matter Labs is best known as the developer behind ZKsync, a zero-knowledge Ethereum scaling network. Prividium started in 2024 and uses Matter Labs’ ZK Stack technology to deliver private, se...