Libeara, a tokenization platform developed by SC Ventures, plans to launch a US dollar tokenized money market fund in Singapore. The fund will be launched on Ethereum in partnership with FundBridge Capital and Wellington Asset Management. Libeara has previously launched a tokenized Singapore-Dollar Government Bond Fund and plans to expand to other chains. Tokenization of real-world assets is on the rise, with demand for tokenized assets such as US treasury bonds growing. The total value of tokenized assets on-chain has increased, but it is still far below the projected $30 trillion value by 2030. Regulatory developments and clarity around stablecoins are expected to boost the growth of tokenization.



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