In the past decades cadmium-free quantum dots (QDs), among which are quaternary colloidal Cu-Zn-In-S/ZnS (CZIS/ZnS) core/shell nanocrystals (NCs), have attracted great scientific interest. Particularly, their low toxicity and the possibility to tune their photoluminescence (PL) properties by varying the composition in the multicomponent system make them highly attractive for applications in light-emitting diodes (LEDs). Thus, the demands for high quality CZIS/ZnS QDs and methods to process them into bulk materials stimulate investigations of these nanomaterials. Herein, we demonstrate the synthesis of CZIS/ZnS core/shell NCs via a surfactant induced nucleation process, which emit in various colors covering the range from 520 nm to 620 nm possessing high photoluminescence quantum yields (PLQYs) up to 47%. Furthermore, the as synthesized NCs were successfully integrated into two different salt matrices [Na2B4O7 (Borax) and LiCl] using two different approaches. The commonly used incorporation of the NCs into Borax salt led to salt crystals emitting from 540 nm to 600 nm with PLQYs up to 24%. By encapsulating the QDs into LiCl, brightly emitting NCs-in-LiCl powders with the PL covering a range from 520 nm to 650 nm with PLQYs of up to 14% were obtained. As a proof of concept, the fabrication of a color conversion LED using NCs encapsulated into LiCl demonstrated the applicability of the encapsulated NCs.