
ZkSync’s Matter Labs Will Tokenize $50M of Reserves with Sygnum Bank
Matter Labs has partnered with Sygnum Bank to tokenize $50 million of its treasury reserves using the Fidelity Institutional Liquidity Fund. This initiative utilizes Sygnum’s multi-chain tokenization solutions to bring traditional money market fund shares onto the zkSync blockchain. By integrating a $6.99 billion AUM fund managed by Fidelity, Matter Labs aims to demonstrate the institutional-grade security and transparency of its Ethereum-based scaling solution. This move marks a significant milestone for zkSync, as it is the first project to leverage Sygnum’s infrastructure for tokenizing traditional securities. The integration bridges the gap between decentralized finance and traditional institutional investment vehicles. This development highlights the growing trend of crypto-native organizations moving treasury assets into regulated, yield-bearing financial products on-chain. Ultimately, the collaboration serves as a proof-of-concept for how Tier 1 investment managers can utilize blockchain technology to enhance the utility of corporate reserves.













