Standard Chartered's SC Ventures launches tokenization platform Libeara
Standard Chartered's investment and innovation arm, SC Ventures, has launched a tokenization platform called Libeara. The platform has been incubated as a separate company based in Singapore and aims to enable fund managers, governments, and issuers to bring real-world assets on-chain or issue "regulated security tokens." Libeara has partnered with FundBridge Capital to create the first tokenized Singapore-dollar government bond fund. Tokenization is an emerging trend in the crypto space, with major players in traditional financial services such as HSBC, UBS Asset Management, and Citi also launching their own platforms.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ZA Miner Introduces Free Cloud Mining Platform for Bitcoin and Dogecoin
ZA Miner, a UK-based cloud mining provider, has officially launched a new platform to make cryptocurrency mining more accessible to a broader audience.
OSC Warns of Surge in AI-Driven Crypto Scams as Canadian Fraud Losses Climb to $640 Million
According to the Globe and Mail report, the Ontario Securities Commission (OSC) is raising red flags over a sharp rise in cryptocurrency fraud across Canada, as scammers now weaponize artificial intelligence to swindle unsuspecting investors.
Arkansas City Planning Commission Rejects Crypto Mining Proposal Amid Strong Community Backlash
The Vilonia Planning Commission has unanimously turned down a proposed cryptocurrency mining facility within city limits, following weeks of vocal opposition from residents.
Bitcoin Climbs to $94,000 Driving Market Above $3 Trillion
Trending news
MoreCrypto prices
More
