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Standard Chartered SC Ventures to launch USD tokenized money market fund in Singapore
According to Foresight News, Hong Kong media Sing Tao Daily revealed that Libeara, a tokenized platform nurtured by Standard Chartered's SC Ventures, will launch a US dollar tokenized money market fund in Singapore this month, initially on the Ethereum mainnet.
Alexandre Deschatres, Libeara’s head of business development, said that before the full launch of the chain, it will work with Wellington Asset Management and Fundbridge to assess the liquidity of U.S. Treasuries.
Alexandre Deschatres, Libeara’s head of business development, said that before the full launch of the chain, it will work with Wellington Asset Management and Fundbridge to assess the liquidity of U.S. Treasuries.
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