According to a report by Hong Kong media, the Standard Chartered subsidiary SC Ventures has revealed that its tokenization platform Libeara will first launch a dollar-tokenized money market fund in Singapore this month, initially on the Ethereum mainnet. Alexandre Deschatres, the head of business development for Libeara, stated in an interview that before a full on-chain launch, they will assess the liquidity status of U.S. Treasury bonds in collaboration with Wellington and Fundbridge.