GSR leads SC Ventures' tokenization platform Libeara incubation

robot
Abstract generation in progress

Deep Tide TechFlow message. On April 08, according to The Block, the crypto market maker GSR announced that it will lead the investment in Libeara, a tokenized platform incubated by SC Ventures, a subsidiary of Standard Chartered, with the specific investment amount not disclosed. Previously, GSR had completed the full acquisitions of Autonomous and Architech to further enhance its token advisory business. In combination with this partnership with Libeara, GSR is positioning itself as an end-to-end global digital assets and RWA capital markets service provider—i.e., a “Web3 investment bank”—with end-to-end service capabilities ranging from strategic planning before token listings to liquidity management after listing.

Libeara was founded in 2023 and has supported the generation of on-chain assets worth over $1 billion, including Asia’s first tokenized money market fund aimed at retail investors, and it has also obtained capital markets services licenses issued by the Monetary Authority of Singapore.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin