Standard Chartered Incubated RWA Platform Libeara Launches Ultra Short-Term Treasury Chain Fund
On October 30, Libeara, the RWA tokenization platform incubated by Standard Chartered Bank, partnered with FundBridge Capital to launch the Delta Wellington Ultra Ultra Ultra Short-Term Treasury Chain Fund (aka the ULTRA Fund), Cryptonews reported. Wellington Management will serve as the sub-administrator of the new fund, and Delta Master Trust is integrated with Libeara's fund tokenization system, the Delta platform, which will provide subscriptions, issuance, transfers, and redemptions of tokenized units in the ULTRA Fund.
Libeara has initially deployed the platform on the Ether Master Network with support for USDC and fiat currencies, and tokenization will soon be available on Arbitrum, Avalanche and Solana.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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