diff --git a/objects/src/accounts/delta/vault.rs b/objects/src/accounts/delta/vault.rs
index 3f360243a..e8626187a 100644
--- a/objects/src/accounts/delta/vault.rs
+++ b/objects/src/accounts/delta/vault.rs
@@ -4,6 +4,8 @@ use alloc::{
     vec::Vec,
 };
 
+use vm_core::{Felt, FieldElement};
+
 use super::{
     AccountDeltaError, ByteReader, ByteWriter, Deserializable, DeserializationError, Serializable,
 };
@@ -293,7 +295,12 @@ impl Serializable for FungibleAssetDelta {
     }
 
     fn get_size_hint(&self) -> usize {
-        self.0.len().get_size_hint() + self.0.len() * FungibleAsset::SERIALIZED_SIZE
+        // The serialized size of a fungible asset as it is serialized here.
+        // Usually, it is serialized including zeroes which is less efficient - see its Serializable
+        // implementation.
+        const SERIALIZED_FUNGIBLE_ASSET_COMPACT_SIZE: usize =
+            Felt::ELEMENT_BYTES + core::mem::size_of::<u64>();
+        self.0.len().get_size_hint() + self.0.len() * SERIALIZED_FUNGIBLE_ASSET_COMPACT_SIZE
     }
 }
 
diff --git a/objects/src/assets/fungible.rs b/objects/src/assets/fungible.rs
index 1622ed1d0..b81425030 100644
--- a/objects/src/assets/fungible.rs
+++ b/objects/src/assets/fungible.rs
@@ -1,7 +1,8 @@
 use alloc::string::ToString;
 use core::fmt;
 
-use vm_core::FieldElement;
+use vm_core::utils::{ByteReader, ByteWriter, Deserializable, Serializable};
+use vm_processor::DeserializationError;
 
 use super::{
     is_not_a_non_fungible_asset, parse_word, AccountId, AccountType, Asset, AssetError, Felt, Word,
@@ -28,8 +29,8 @@ impl FungibleAsset {
 
     /// The serialized size of a [`FungibleAsset`] in bytes.
     ///
-    /// Currently an account id (felt) plus an amount (u64).
-    pub const SERIALIZED_SIZE: usize = Felt::ELEMENT_BYTES + core::mem::size_of::<u64>();
+    /// Currently an account id (felt) plus an amount (u64) padded to a word with zeroes.
+    pub const SERIALIZED_SIZE: usize = 32;
 
     // CONSTRUCTOR
     // --------------------------------------------------------------------------------------------
@@ -145,9 +146,9 @@ impl From<FungibleAsset> for Word {
     }
 }
 
-impl From<FungibleAsset> for [u8; 32] {
+impl From<FungibleAsset> for [u8; FungibleAsset::SERIALIZED_SIZE] {
     fn from(asset: FungibleAsset) -> Self {
-        let mut result = [0_u8; 32];
+        let mut result = [0_u8; FungibleAsset::SERIALIZED_SIZE];
         let id_bytes: [u8; 8] = asset.faucet_id.into();
         result[..8].copy_from_slice(&asset.amount.to_le_bytes());
         result[24..].copy_from_slice(&id_bytes);
@@ -155,6 +156,12 @@ impl From<FungibleAsset> for [u8; 32] {
     }
 }
 
+impl From<&FungibleAsset> for [u8; FungibleAsset::SERIALIZED_SIZE] {
+    fn from(value: &FungibleAsset) -> Self {
+        (*value).into()
+    }
+}
+
 impl From<FungibleAsset> for Asset {
     fn from(asset: FungibleAsset) -> Self {
         Asset::Fungible(asset)
@@ -175,10 +182,10 @@ impl TryFrom<Word> for FungibleAsset {
     }
 }
 
-impl TryFrom<[u8; 32]> for FungibleAsset {
+impl TryFrom<[u8; FungibleAsset::SERIALIZED_SIZE]> for FungibleAsset {
     type Error = AssetError;
 
-    fn try_from(value: [u8; 32]) -> Result<Self, Self::Error> {
+    fn try_from(value: [u8; FungibleAsset::SERIALIZED_SIZE]) -> Result<Self, Self::Error> {
         let word = parse_word(value)?;
         Self::try_from(word)
     }
@@ -189,3 +196,22 @@ impl fmt::Display for FungibleAsset {
         write!(f, "{:?}", self)
     }
 }
+
+impl Serializable for FungibleAsset {
+    fn write_into<W: ByteWriter>(&self, target: &mut W) {
+        let data: [u8; FungibleAsset::SERIALIZED_SIZE] = self.into();
+        target.write_bytes(&data);
+    }
+
+    fn get_size_hint(&self) -> usize {
+        FungibleAsset::SERIALIZED_SIZE
+    }
+}
+
+impl Deserializable for FungibleAsset {
+    fn read_from<R: ByteReader>(source: &mut R) -> Result<Self, DeserializationError> {
+        let value: Word = source.read()?;
+
+        Self::try_from(value).map_err(|err| DeserializationError::InvalidValue(err.to_string()))
+    }
+}