Foresight News reports that Hong Kong media outlet Sing Tao has disclosed that Libeara, a tokenization platform nurtured by SC Ventures under Standard Chartered, will first launch a USD tokenized money market fund in Singapore this month, initially on the Ethereum mainnet. Alexandre Deschatres, the head of business development at Libeara, stated in an interview that before the full launch on-chain, they will assess the liquidity status of U.S. Treasury bonds in collaboration with Wellington and Fundbridge.

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