Mar 19, 04:41 PM

Sygnum Tokenizes $50M of Matter Labs' Reserves with Fidelity and zkSync

Sygnum, in collaboration with Fidelity International and zkSync, has tokenized $50 million of Matter Labs' reserves as Fidelity ILF security tokens. This move aims to transition Matter Labs' treasury investments onto blockchain rails, enhancing transparency and security. The tokenization process involves the issuance of these security tokens on the zkSync platform, marking a significant step towards the future of finance with tokenized assets.

#Sygnum #Fidelity International #zkSync #Matter Labs #Fidelity

Written with ChatGPT (GPT-4).

Sources

coinscope@coinscopecrypto
2 years ago
📣 Latest News: ZkSync's Matter Labs Will Tokenize $50M of Reserves with Sygnum Bank #news #cryptonews #crypto
Pop Punk@PopPunkOnChain
2 years ago
The future of finance https://t.co/fLqTVeLeDs
ZKsync (∎, ∆)@zksync
2 years ago
The future of finance is tokenized everything. We're making it a reality. Together with @sygnumofficial and @fidelity, @the_matter_labs is tokenizing $50m of its treasury on @zksync. These funds will have onchain representation that acts as secure and transparent… https://t.co/C38uSjLZVV

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