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.
📣 Latest News: ZkSync's Matter Labs Will Tokenize $50M of Reserves with Sygnum Bank #news #cryptonews #crypto
The future of finance https://t.co/fLqTVeLeDs
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
📣 Latest News: Sygnum bank to tokenize $50M of Matter Labs' reserves for transparency #news #cryptonews #crypto
.@sygnumofficial tokenized $50 million of assets in a Fidelity International money market fund on @zksync, aiding software developer firm @the_matter_labs' goal to move its treasury investments to blockchain rails. @sndr_krisztian reports https://t.co/8zR4T6Ymab
Sygnum issues $50 million of Matter Labs' reserves as Fidelity ILF security tokens on zkSync https://t.co/o9oiwILeD4