Libre launches fund tokenization protocol backed by top asset managers

Libre, a joint venture between Nomura’s digital asset arm Laser Digital and Webn, an incubator of Alan Howard, has commenced operations as a fund tokenization protocol.

With a focus on tokenizing assets to streamline fund distribution, Libre aims to revolutionize the alternative investment landscape.

Libre’s fund tokenization protocol

In January, Libre unveiled plans to collaborate with prominent asset managers Brevan Howard and Hamilton Lane, signalling its intention to disrupt traditional fund distribution channels.

Today (March 19, 2024), Libre has fulfilled its promise by launching its platform, enabling investors to access the BH Master Fund and a USD money market fund invested in BlackRock Treasury ETFs.

Libre’s protocol acts as a bridge between asset managers, wealth advisors, and institutional or accredited investors, eliminating frictions in fund distribution commonly associated with the alternative investment sector.

Through tokenization, Libre automates legal and regulatory processes, reducing costs and enhancing accessibility for investors.

Innovative asset management solutions by Libre

Dr. Avtar Sehra, Libre’s CEO and founder, emphasized the platform’s commitment to providing unparalleled access to top-tier alternative investments.

In addition to enabling access to Brevan Howard funds, Libre has introduced a USD money market fund, offering investors a secure avenue to park their capital while awaiting investment opportunities.

The new tokenization platform operates on its layer 2 blockchain, seamlessly linking to the Polygon mainnet and providing users with a user-friendly interface through the Libre Gateway MVP. Future plans include integration with other blockchain networks to expand accessibility and functionality further.

With the launch of its fund tokenization protocol, Libre aims to democratize access to alternative investments, catering to a broader range of investors while simplifying fund distribution processes.

As the platform continues to evolve, it is poised to revolutionize the alternative investment landscape, offering innovative solutions backed by industry giants like Brevan Howard and Nomura’s Laser Digital.