Users deposit and lock assets on Ethereum in exchange for an equivalent amount of a corresponding token on zkSync Era. Conversely, users can withdraw assets from zkSync Era in exchange for the same amount on Ethereum.

zkSync Era Bridge is an asset bridge built on Ethereum and zkSync Era. zkSync Era Bridge was developed by Matter Labs and launched in 2023.

Matter Labs team owns and governs the protocol. Matter Labs' investors include a16z, Lightspeed Venture Partners, Blockchain Capital, etc.