SC Ventures, a subsidiary of Standard Chartered, is bringing new trends to the blockchain industry! Their incubated tokenized platform Libeara has announced that it will launch the first USD tokenized money market fund in Singapore this month. 🌐 Initially, this innovative product will go live on the Ethereum mainnet.

Alexandre Deschatres, the business development head of Libeara, stated that before the full launch, they will collaborate with Wellington Asset Management and Fundbridge to assess the liquidity conditions of U.S. Treasury bonds. 📊 This initiative could bring new investment opportunities to the crypto market while also providing a new perspective on the integration of traditional finance and blockchain technology. 🔗