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Aptos Welcomes Brevan Howard, BlackRock, and Hamilton Tokenized Funds by Libre

Author: Content Editor
Libre, a joint venture between WebN Group and Nomura's Laser Digital, has partnered with the Aptos platform to bring three high-profile funds to the blockchain. The funds accessible on Aptos include Brevan Howard Master Fund, Hamilton Lane's Senior Credit Opportunities Fund (SCOPE), and BlackRock ICS Money Market Fund. These funds collectively manage over $91 billion in assets. Libre's decentralized application (DeFi dApp), the Libre Gateway, allows accredited and institutional investors to trade on-chain, engage in collateralized lending, and access secondary trading services. The integration of Libre with Aptos aims to democratize access to public blockchain wealth management tools. Aptos is known for its high-performance infrastructure and uses Move DM technology to provide a secure platform for financial services. Libre plans to expand its services on Aptos, including offering enhanced features for secondary trading and improved mechanisms for collateralized lending. The tokenization of assets is becoming increasingly popular, with over $1.6 billion worth of securities tokenized as of September 2024. Citi predicts that the tokenization market could reach up to $5 trillion by 2030. Tokenization offers advantages in terms of accessibility, liquidity, and compliance, bridging traditional finance with blockchain decentralization.

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