Crypto market maker GSR has announced a lead investment in Libeara, a tokenization platform incubated by Standard Chartered's SC Ventures. While the investment amount remains undisclosed, this move aligns with GSR's strategy to become a comprehensive global digital asset and RWA capital markets provider. The partnership aims to position GSR as a "Web3 investment bank," offering services from pre-tokenization strategy to post-listing liquidity management.
Libeara, founded in 2023, has already facilitated the creation of over $1 billion in on-chain assets, including Asia's first tokenized money market fund for retail investors. The platform has also secured a Capital Markets Services license from the Monetary Authority of Singapore, further solidifying its role in the digital asset space.
GSR Invests in Tokenization Platform Libeara, Expanding Digital Asset Services
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
