TechFlow reports that Matter Labs has partnered with digital asset bank Sygnum to tokenize its $50 million treasury reserves onto the zkSync Layer 2 blockchain.
Matter Labs' $50 million treasury reserves will be tokenized in the form of security tokens issued by Sygnum. These tokens will serve as on-chain representations of units in Fidelity International's Institutional Liquidity Fund (ILF) and act as a secure and transparent "proof of reserves" for Matter Labs' treasury holdings.




