Libre, a joint venture between WebN Group and Nomura's Laser Digital, announced the launch of three high-profile funds on the Aptos platform.
Libre's Fund Launches on Aptos
Libre has launched three high-profile funds on the Aptos platform: Brevan Howard Master Fund, Hamilton Lane's Senior Credit Opportunities Fund (SCOPE), and BlackRock ICS Money Market Fund. Together, these funds manage over $91 billion in assets, marking a significant event for Aptos.
Advantages of Aptos for Investors
Libre serves as the backbone for connecting Real World Assets (RWAs) through its decentralized platform Libre Gateway. This system enables accredited and institutional investors to trade on-chain, engage in collateralized lending, and access secondary trading services. Libre's CEO, Dr. Avtar Sehra, remarked that integration with Aptos democratizes access to public blockchain wealth management tools.
Growing Trend of Tokenization
The tokenization of assets is gaining traction. According to Dune Analytics, over $1.6 billion worth of securities had been tokenized as of September 2024. Citi projects that the tokenization market could reach $5 trillion by 2030. Tokenization offers clear advantages in terms of accessibility, liquidity, and compliance, aligning traditional finance with the ethos of decentralization.
Libre continues to expand its services on the Aptos platform, offering investors additional opportunities for trading and lending, and planning the launch of its Market Neutral Fund in the near future.
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