Crypto market maker GSR is leading a funding round for Libeara, the tokenization platform incubated by SC Ventures, Standard Chartered’s Singapore-based fintech investment arm.
GSR Leads Funding for SC Ventures’ Tokenization Platform Libeara
8 April 2026 - 11:50 CEST
The investment comes less than a month after GSR announced the $57mn acquisition of advisory firms Autonomous and Architech to strengthen its offering for tokenized projects.
AlloyX and Monk’s Hill Ventures also participated in the GDR-led round, Libeara said. The size was not disclosed, although sources familiar with the matter said it exceeded $10mn. The funding will be used to expand its compliant onchain tokenization infrastructure.
"Tokenization is no longer a thesis, it’s a market in formation," said CJ Fong, APAC General Manager, GSR, in an 8 Apr statement sent to Sandmark. Libeara’s infrastructure has already supported the tokenization of more than $1bn in compliant onchain assets, including a top-rated tokenized US Treasury fund and Asia’s first tokenized retail money market fund. In March, the platform signed a partnership with art and technology firm BitBasel to explore tokenizing high-value artworks.
The wider tokenized asset market currently stands at around $30bn and has been projected by some banks to reach $30tn by 2034.
In March, Libeara, which was granted a Capital Markets Services (CMS) licence for dealing in capital markets products from the Monetary Authority of Singapore (MAS), signed an agreement to collaborate with the art and technology platform BitBasel. This will explore the tokenization of high-value art pieces.
