Sygnum Tokenizes $50 Million Reserves on zkSync as Fidelity ILF Security Tokens
Tuesday, 19 March 2024, 13:01
Sygnum Tokenizes $50 Million Matter Labs' Reserves as Fidelity ILF Security Tokens on zkSync
Sygnum has successfully issued $50 million of Matter Labs' reserves as security tokens on zkSync. The reserves were tokenized in the form of Fidelity International's Institutional Liquidity Fund (ILF) security tokens.
Main Points:
- Security Tokens: $50 million in reserves tokenized
- Platform: Utilized zkSync Layer 2 for blockchain transactions
- Partnership: Collaboration with Fidelity International for asset tokenization
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.