
Is Ethereum good enough for Wall Street? If history is any guide, the answer is clear
Fortune explores how Ethereum is positioning itself for Wall Street adoption, with ZKsync featured as a key scaling solution discussed at ETHDenver 2026.

Published Mar 19, 2024 · Sygnum
Sygnum tokenizes $50M of Matter Labs' treasury reserves onto ZKsync, creating on-chain proof-of-reserves backed by Fidelity's $6.9B money market fund.
Sygnum Tokenizes Matter Labs Treasury on ZKsync
Sygnum Bank is tokenizing $50M of Matter Labs' treasury reserves onto the ZKsync blockchain, issuing security tokens representing units from Fidelity International's $6.9B Institutional Liquidity Fund.
The tokenized reserves create a transparent on-chain "Proof-of-Reserves," marking the first step in Matter Labs' strategy to move treasury reserves on-chain with institutional custodians.
This is also the first project leveraging Sygnum's multi-chain tokenization solution with traditional securities — bridging crypto and traditional finance infrastructure.

Fortune explores how Ethereum is positioning itself for Wall Street adoption, with ZKsync featured as a key scaling solution discussed at ETHDenver 2026.

ZKsync's 2026 roadmap shifts from experimentation to production, prioritizing privacy, deterministic control and native interoperability for institutional adoption.