Sygnum Tokenizes Matter Labs' Reserves as Fidelity ILF Tokens on zkSync
Tuesday, 19 March 2024, 13:01
Sygnum Tokenizes Matter Labs' Reserves on zkSync
Sygnum has issued $50 million worth of Matter Labs' reserves onto the zkSync Layer 2 as Fidelity International's Institutional Liquidity Fund (ILF) security tokens. This move aims to bring more liquidity and accessibility to traditional financial products in the decentralized environment. The collaboration between Sygnum, Matter Labs, and Fidelity signifies a step towards greater tokenization and liquidity in the crypto space.
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