what's Libeara?
Libeara is a blockchain-based asset tokenization platform designed to bring real-world assets on-chain, making investing more accessible and equitable through technology. It enables the issuance of tokenized funds tracking assets like gold spot prices and US treasuries, partnering with firms such as FundBridge Capital and GFX. Backed by Standard Chartered's SC Ventures, Libeara supports regulated structures for professional investors, expanding into markets like Singapore and Africa for commodities and government bonds.
Libeara tokenizes ULTRA, a $100M+ AAA-rated fund with Standard Chartered custody, yielding 4-5% annually.
BNP Paribas Asset Management launched a pilot to tokenize a money market fund on the Ethereum blockchain using Libeara's platform to enhance operational efficiency and streamline settlement processes for investors.
Standard Chartered Bank acts as custodian for tULTRA, which is managed by FundBridge and operated with Wellington, regulated by MAS under a Singapore Unit Trust structure, and generates 4-5% annual yield from U.S. T-bills, repos, and cash reserves.
Stable and Theo_Network launch ULTRA, a $100M+ tokenized treasury fund with Libeara as the tokenization provider, offering AAA rated T-bill exposure onchain and liquid from day one.