[SINGAPORE, 7 APRIL 2026] – Libeara, a SC Ventures-backed tokenisation platform at the intersection of traditional finance and blockchain infrastructure, announced that GSR is leading its funding round, alongside AlloyX and Monk’s Hill Ventures.
The funding will support Libeara’s expansion as a provider of compliant on-chain tokenization infrastructure, enabling financial institutions and asset managers to issue tokenised assets and connect them with institutional distribution channels, market infrastructure and liquidity participants.
Tokenisation is rapidly emerging as a structural shift in global capital markets. Driven by growing institutional demand for yield-bearing on-chain collateral and the efficiency gains that programmable settlement enables, the tokenised asset market is approaching $30 billion in value. It is projected to reach $30 trillion by 2034, according to a report by Standard Chartered and Synpulse.
"Tokenisation is no longer a thesis, it's a market in formation,” said CJ Fong, APAC General Manager, GSR. “As the market scales, it needs the liquidity infrastructure and institutional connectivity that serious capital demands. Our partnership with Libeara is about bringing those elements together to help tokenised assets scale."
“Tokenisation only delivers real value when it is built on compliant, institutional-grade infrastructure — and this round gives us the resources to extend that infrastructure to more asset classes, more markets, and more investors,” said Aaron Gwak, Founder & CEO of Libeara. “Combining our tokenisation platform with GSR’s liquidity and distribution capabilities is the groundwork for scalable, institutional-grade tokenised markets.”
Libeara was granted a Capital Markets Services (CMS) licence for dealing in capital markets products from the Monetary Authority of Singapore (MAS) in March 2026. Libeara’s infrastructure has supported the tokenization of more than US$1 billion in compliant on-chain assets, including a top-rated tokenised U.S. Treasury fund and the first tokenised retail money market fund in Asia. With multi-chain interoperability and institutional-grade security and governance, Libeara is scaling access to real-world assets the right way – transparent, regulated, and on-chain.
For GSR, which has traded trillions in crypto assets over more than a decade and expanded itsadvisory capabilities through the recent acquisitions of Autonomous and Architech, this represents a natural extension of its core trading business as digital assets and traditional financial products converge.
“This investment positions GSR to participate more directly in shaping how traditional financial assets move on-chain” said Quynh Ho, Head of Venture Investment and Corporate Development, GSR. “Tokenised instruments, particularly money market funds and treasuries, introduce a new class of yield-bearing collateral that enhances capital efficiency across our platform.”
Together, the firms aim to close the gap across four dimensions –
- Origination – bringing high-quality real-world assets, including funds, credit, equities, commodities, and balance sheets on-chain
- Market infrastructure – combining issuance, advisory, and trading capabilities to enable institutional-scale tokenised markets
- Distribution – connecting Libeara’s regulated platform to GSR’s global network of institutional investors
- Liquidity – supporting active secondary markets for tokenised assets through GSR’s market-making capabilities
“From the origination of assets to distribution and provision of liquidity, the GSR-Libeara partnership will contribute to the creation of new and institutional-grade markets,” said Harald Eltvedt, Chairman of the Board, Libeara.
About GSR
GSR is crypto’s capital markets partner, delivering market making services, institutional-grade OTC trading, venture backing, and digital asset advisory to founders and institutions. With more than a decade of experience, our integrated platform helps clients navigate token design, go-to-market operations, treasury and risk management, and capital planning. These services are supported by GSR's real-time global market intelligence and access to deep liquidity. Users can visit www.gsr.io for more information, including the General Terms Business, relevant disclosures, and GSR’s trading terms.
About Libeara
Libeara is rebuilding capital markets on-chain through its compliance-first approach to the tokenisation of real-world assets. The company is backed by the innovation arm of Standard Chartered, SC Ventures, whose mission is to rewire the DNA of banking. To date, Libeara’s infrastructure has supported the tokenisation of more than US$1 billion in regulated assets —including a top-rated tokenised U.S. Treasury fund and the first tokenised retail money market fund in Asia. With multi-chain interoperability and institutional-grade security and governance, Libeara is scaling access to real-world assets the right way - transparent, regulated, and on-chain.
About SC Ventures
SC Ventures builds and invests in breakthrough ventures in and beyond banking. SC Ventures by Standard Chartered provides a platform for organisations to collaborate and co-create fintech ecosystems to reimagine the future of finance. For more information, please visit www.scventures.io and follow SC Ventures on LinkedIn.
FOR MEDIA ENQUIRIES
Headstream for Libeara: Fred Lai – fred@headstream.agency
GSR: Haley Malanga – haley.malanga@gsr.io