diff --git a/packages/contracts/contracts/L1/messaging/L1StandardTokenFactory.sol b/packages/contracts/contracts/L1/messaging/L1StandardTokenFactory.sol
new file mode 100644
index 0000000000000..e879ccb93ebe7
--- /dev/null
+++ b/packages/contracts/contracts/L1/messaging/L1StandardTokenFactory.sol
@@ -0,0 +1,38 @@
+// SPDX-License-Identifier: MIT
+pragma solidity ^0.8.9;
+
+/* Contract Imports */
+import { L1StandardERC20 } from "../../standards/L1StandardERC20.sol";
+import { Lib_PredeployAddresses } from "../../libraries/constants/Lib_PredeployAddresses.sol";
+
+/**
+ * @title L1StandardTokenFactory
+ * @dev Factory contract for creating standard L1 token representations of L2 ERC20s
+ * compatible with and working on the standard bridge.
+ */
+contract L1StandardTokenFactory {
+    event StandardL1TokenCreated(address indexed _l2Token, address indexed _l1Token);
+
+    /**
+     * @dev Creates an instance of the standard ERC20 token on L1.
+     * @param _l2Token Address of the corresponding L2 token.
+     * @param _name ERC20 name.
+     * @param _symbol ERC20 symbol.
+     */
+    function createStandardL1Token(
+        address _l2Token,
+        string memory _name,
+        string memory _symbol
+    ) external {
+        require(_l2Token != address(0), "Must provide L2 token address");
+
+        L1StandardERC20 l1Token = new L1StandardERC20(
+            Lib_PredeployAddresses.L1_STANDARD_BRIDGE,
+            _l2Token,
+            _name,
+            _symbol
+        );
+
+        emit StandardL1TokenCreated(_l2Token, address(l1Token));
+    }
+}
diff --git a/packages/contracts/contracts/standards/IL1StandardERC20.sol b/packages/contracts/contracts/standards/IL1StandardERC20.sol
new file mode 100644
index 0000000000000..961ed3f8073c9
--- /dev/null
+++ b/packages/contracts/contracts/standards/IL1StandardERC20.sol
@@ -0,0 +1,16 @@
+// SPDX-License-Identifier: MIT
+pragma solidity ^0.8.9;
+
+import { IERC20 } from "@openzeppelin/contracts/token/ERC20/IERC20.sol";
+import { IERC165 } from "@openzeppelin/contracts/utils/introspection/IERC165.sol";
+
+interface IL1StandardERC20 is IERC20, IERC165 {
+    function l2Token() external returns (address);
+
+    function mint(address _to, uint256 _amount) external;
+
+    function burn(address _from, uint256 _amount) external;
+
+    event Mint(address indexed _account, uint256 _amount);
+    event Burn(address indexed _account, uint256 _amount);
+}
diff --git a/packages/contracts/contracts/standards/L1StandardERC20.sol b/packages/contracts/contracts/standards/L1StandardERC20.sol
new file mode 100644
index 0000000000000..0d58e4d1c212f
--- /dev/null
+++ b/packages/contracts/contracts/standards/L1StandardERC20.sol
@@ -0,0 +1,54 @@
+// SPDX-License-Identifier: MIT
+pragma solidity ^0.8.9;
+
+import { ERC20 } from "@openzeppelin/contracts/token/ERC20/ERC20.sol";
+import "./IL1StandardERC20.sol";
+
+contract L1StandardERC20 is IL1StandardERC20, ERC20 {
+    address public l2Token;
+    address public l1Bridge;
+
+    /**
+     * @param _l2Bridge Address of the L2 standard bridge.
+     * @param _l1Token Address of the corresponding L1 token.
+     * @param _name ERC20 name.
+     * @param _symbol ERC20 symbol.
+     */
+    constructor(
+        address _l1Bridge,
+        address _l2Token,
+        string memory _name,
+        string memory _symbol
+    ) ERC20(_name, _symbol) {
+        l1Token = _l1Token;
+        l2Bridge = _l2Bridge;
+    }
+
+    modifier onlyL1Bridge() {
+        require(msg.sender == l1Bridge, "Only L1 Bridge can mint and burn");
+        _;
+    }
+
+    // slither-disable-next-line external-function
+    function supportsInterface(bytes4 _interfaceId) public pure returns (bool) {
+        bytes4 firstSupportedInterface = bytes4(keccak256("supportsInterface(bytes4)")); // ERC165
+        bytes4 secondSupportedInterface = IL1StandardERC20.l2Token.selector ^
+            IL1StandardERC20.mint.selector ^
+            IL1StandardERC20.burn.selector;
+        return _interfaceId == firstSupportedInterface || _interfaceId == secondSupportedInterface;
+    }
+
+    // slither-disable-next-line external-function
+    function mint(address _to, uint256 _amount) public virtual onlyL1Bridge {
+        _mint(_to, _amount);
+
+        emit Mint(_to, _amount);
+    }
+
+    // slither-disable-next-line external-function
+    function burn(address _from, uint256 _amount) public virtual onlyL1Bridge {
+        _burn(_from, _amount);
+
+        emit Burn(_from, _amount);
+    }
+}