According to reports from Hong Kong media, the Standard Chartered subsidiary SC Ventures' tokenization platform Libeara revealed that it will 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 a full on-chain launch, they will assess the liquidity of U.S. Treasury bonds with Wellington and Fundbridge.