SC Ventures, the fintech investment and venture arm of banking group Standard Chartered, announced new tokenization platform on Tuesday. Libeara will enable the creation of a tokenized Singapore dollar government bond fund for accredited investors, according to the announcement. The platform has also partnered with FundBridge Capital, an organization for fund managers in Singapore. By working with Libeara “we are ensuring that we can provide additional investment opportunities enabled by lower operating costs, higher transparency and higher operational efficiency,” Sue Lynn Lim, CEO and COO of FundBridge Capital said in a statement.
