Standard Chartered’s Libeara to launch Ethereum-based tokenized fund in Singapore this month

according to Hong Kong media Sing Tao Daily, Libeara, a tokenization platform developed by SC Ventures under Standard Chartered, revealed that it will launch a US dollar tokenized currency market fund in Singapore this month, initially on the Ethereum mainnet. Alexandre Deschatres, head of business development at Libeara, said in an interview that before a full launch on the chain, they will evaluate the liquidity of US Treasury bonds with Wellington Asset Management and Fundbridge.