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Libre's Tokenization Gateway Adds Blockchain-Based Funds to Solana Network

Libre's Tokenization Gateway Adds Blockchain-Based Funds to Solana Network

CointimeCointime2024/07/23 11:50
By:Cointime

Libre, a tokenization-focused startup and joint venture between Brevan Howard’s WebN Group and Nomura’s Laser Digital, is expanding its blockchain funds offering to the Solana network. This marks the first institutional alternative RWA fund to appear on Solana. The expansion has garnered close to $20 million in total locked value (TVL) even prior to the public launch. The addition of Libre’s tokenization gateway to Solana will give users access to the on-chain Hamilton Lane SCOPE fund, the Brevan Howard Master Fund, and Blackrock ICS Money Market Fund. Money market funds have proved useful to institutional traders in the crypto space who want to earn additional yield from their stablecoin holdings.

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