Gate News Report, March 17 — Cari Network, a permissioned banking network led by former U.S. Office of the Comptroller of the Currency Director Gene Ludwig, announced the selection of Matter Labs’ Prividium infrastructure to build a bank-led tokenized deposit network for small and medium-sized regional banks in the United States. The platform is built on ZKsync and anchored to Ethereum, supporting participating banks to issue and transfer tokenized deposits around the clock. These deposits will be retained as bank liabilities on the balance sheet and will not circulate freely in the decentralized finance (DeFi) environment. Technically, Prividium functions as a shared ledger, enabling real-time settlement between verified parties, while separating transaction records from personal identity information, which is stored within each bank’s core systems.
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