Aztec Labs has relaunched zk.money, a self-custodial privacy wallet, on Aztec Network. The original zk.money was discontinued in 2023. Aztec Network runs as an Ethereum Layer 2, and the new wallet puts private transactions back in users' hands.
A product that already had a life
Zk.money isn't a new name for Aztec. It was the company's earlier privacy wallet, and it was shut down in 2023. The relaunch brings that branding back rather than starting from a blank slate. Aztec Labs is framing the return as a rebuilt product for its own network, not a revival of the old codebase.
Self-custody is the part worth noting. Users hold their own keys, and the wallet lives on Aztec Network rather than routing balances through a custodial service. That's a different posture from the exchange-style privacy tools that have drawn regulatory attention in the past.
Why privacy wallets keep coming back
Privacy tooling on Ethereum has had a rough few years. Sanctions and delistings pushed some projects to restrict access or shut down entirely. Aztec's decision to relaunch a consumer-facing wallet is a bet that demand for private transfers hasn't gone anywhere — it just moved to teams willing to keep building.
Running on an Ethereum Layer 2 gives Aztec a settlement path back to the main chain without exposing every transaction detail on it. That's the core pitch: Ethereum-level security, with the transaction data kept off the public ledger the way a normal L2 transfer would be.
What the old users get
The facts here are thin. Aztec Labs hasn't said whether legacy zk.money balances or account data carry over, and there's no word on migration support for people who used the original product. Anyone who had funds in the 2023 version should assume they need to check with the team directly rather than wait for an automatic restore.
There's also no announced timeline for when the wallet will be available in specific regions. Privacy wallets have historically been blocked in some jurisdictions, and Aztec hasn't said how it plans to handle that this time.
The competitive picture
Aztec isn't the only team chasing private transactions on Ethereum. The space has a handful of Layer 2 and mixer-style projects, though several have folded under legal pressure. Aztec's advantage is that it controls the full stack — the network and the wallet — which means it can tune the user experience in ways a third-party wallet can't.
The relaunch also signals that Aztec Labs still sees consumer products as part of its strategy. Building a privacy L2 is one thing. Getting people to actually use it is another, and wallets are how that happens.
Aztec hasn't given a date for the next milestone or said what features are coming after launch. The immediate question is whether the relaunched zk.money can attract users who've spent three years without it — and whether regulators let it stay up this time.
