The tokenization wave sweeps across the global financial industry, Libeara leads RWA innovation practices

Tokenization is moving from theory to practice, becoming a hot topic in the global financial sector. Whether it is crypto native institutions or traditional financial giants, they are exploring how to achieve the digitalization, on-chain transformation, and globalization of real-world assets ( RWA ) under the premise of compliance. The asset classes are continuously expanding from government bonds, real estate to commodities, and notes, while the regulatory framework is gradually opening up experimental space. This wave of on-chain asset enthusiasm reflects the deep demand of the global capital market for efficiency, transparency, and around-the-clock liquidity.

In this context, Libeara, as an innovative platform, has become a pioneer in tokenization practices aimed at institutions. Unlike many traditional financial institutions that are still in the pilot stage, Libeara has accumulated practical business experience through actual projects. At the same time, Libeara differs from the aggressive technological approaches of some crypto institutions, placing greater emphasis on compliance, security, and institutional-level adaptation.

RWA is entering an accelerated phase, with three major products connecting traditional assets to the blockchain.

The trend of RWA on-chain is accelerating its penetration into the mainstream market. The latest data shows that the total value of global on-chain RWA assets has exceeded $25.5 billion, growing nearly 56% since the beginning of the year, covering various asset classes such as U.S. Treasury bonds, real estate, private credit, commodities, and stocks. This indicates that on-chain finance is no longer limited to an experimental field for crypto-native assets; the traditional financial market has an increasing demand for more efficient, transparent, programmable, and composable financial infrastructure.

Currently, the issuance and custody processes of traditional financial assets still heavily rely on centralized institutions. Although they have advantages in compliance and security, they also face issues such as complex and lengthy issuance processes, high participation thresholds, exorbitant costs, and serious data silos. To address these pain points, Libeara has developed highly compliant and efficient on-chain issuance and management solutions through its three core product lines: Bravo, Delta, and Tango, targeting major asset classes such as bonds, funds, and securities, to accelerate the on-chain transformation of traditional assets.

Bravo: Native Tokenization of Government Bills and Bonds

Bravo is an innovative asset tokenization platform designed for national-level financial institutions, supporting the native issuance, trading, and management of government bonds and sovereign debt directly on the blockchain, enhancing the inclusiveness, transparency, and risk resistance of the financial system.

Traditional sovereign bonds usually have high thresholds and complex processes, mainly targeting institutional investors. Bravo eliminates the entry barriers of traditional markets by supporting the issuance of low-denomination bonds and on-chain wallets, promoting the democratization of debt. Traditional bonds involve multiple intermediaries, with cumbersome processes and low efficiency. Bravo allows governments to issue, circulate, and repay directly on-chain, and automatically execute through smart contracts, making the entire process traceable and verifiable.

Developing countries' financing heavily relies on US dollar debt, making them susceptible to currency mismatch traps. Bravo's local currency bond support mechanism facilitates the on-chain presence of native local currency debt, enhancing government strategic autonomy and risk resilience, while strengthening credit anchoring.

The Bravo platform offers flexible debt product design capabilities. Traditional government bonds are singular in form, making it difficult to adapt to diverse capital demands and policy directions. Bravo supports programmable debt instruments, such as inflation-linked value-preserving bonds, delayed issuance bonds designated for future activation, as well as innovative forms like lottery-type bonds and birthright bonds, to meet social policy objectives and the needs of diverse populations.

In traditional debt structures, multiple institutions are involved, which presents the possibility of intermediary risks, operational errors, or bankruptcy events that can lead to investors being unable to redeem or suffering losses. Bravo implements a native on-chain holding mechanism, where assets are directly owned by investors, eliminating intermediary custody risks and single points of failure, and data is transparent and verifiable, greatly enhancing system resilience.

Delta: Tokenization services for regulated fund managers

Delta allows regulated fund managers to issue and manage on-chain fund shares, supporting tokenization of fund shares of any denomination, significantly lowering investment thresholds. Through the tokenization mechanism, these fund shares can be freely transferred among compliant investors, effectively breaking the liquidity bottleneck in traditional fund investments. The platform supports multi-asset class and cross-jurisdiction fund management, meeting diverse portfolio needs. Investors can conveniently subscribe, redeem, and transfer fund shares on the Delta platform, greatly enhancing user experience and operational efficiency.

Delta will officially launch an institutional-grade application and platform developed for licensed fund managers in Singapore through Libeara, featuring institutional-level security and compliance. Delta meets the different needs of crypto-native investors and traditional investors by bridging traditional finance and decentralized finance.

Tango: Universal Security Token Issuance Platform

Tango is a general securities token issuance platform that supports multiple asset classes, enabling the tokenization of various real-world assets such as securities, commodities, and media. The platform supports multiple blockchain networks, ensuring technical compatibility and flexibility to adapt to different market demands. At the same time, Tango integrates KYC and AML functions, as well as bank-level technology, internal control systems, risk management, and compliance standards, ensuring that the issuance and circulation of all tokenization projects comply with regulatory and legal standards.

Entering the practical stage, the tokenization business has been established for many years.

Compared to many RWA participants who are still in the exploration and experimentation stage, Libeara is driving tokenization from concept to practical implementation. By flexibly adapting to the regulatory and market demands of different countries and institutions, Libeara has been practically tested and optimized in several national-level projects, involving various asset scenarios such as public offerings, private placements, sovereign debt, and central bank digital currencies, providing a replicable and verifiable technological paradigm for the global market.

For example, the ULTRA Fund is a tokenized US short-term government bond fund launched by Libeara in collaboration with multiple parties. It is one of the highest-rated tokenized US government bond funds globally, receiving high ratings from multiple institutions. Recently, several on-chain capital entry platforms and RWA exchanges have also announced partnerships with Libeara to expand access to the ULTRA Fund.

Libeara has also partnered with leading domestic public offering institutions to successfully launch a retail tokenization fund - the Hong Kong Dollar Digital Currency Fund. This fund is the first tokenization fund approved by the Hong Kong Securities and Futures Commission for retail investors, providing innovative investment tools for investors to earn Hong Kong Dollar returns through blockchain-based channels via Libeara.

In 2023, Libeara was shortlisted for the finals of the Ghana Central Bank CBDC hackathon, building a prototype system that supports the subscription of Ghanaian government bonds and bills via CBDC, achieving on-chain tokenization issuance and settlement of Ghanaian government bonds. This project not only validated technical feasibility but also provided a viable path for fiscal digitization in developing markets.

In addition, Libeara's tokenization technology has been incorporated into several national-level financial infrastructure construction projects. In 2024, Libeara participated in Project Ensemble launched by the Hong Kong Monetary Authority, which is a wholesale central bank digital currency project aimed at promoting the development of the tokenization market in Hong Kong. Libeara collaborated with multiple institutions to conduct proof-of-concept tests, exploring settlement applications for tokenized deposits and tokenized assets, providing practical case support for the wCBDC infrastructure of the Hong Kong Monetary Authority.

In 2020, Libeara collaborated with a bank to complete the Philippines' first tokenization retail bond project, issuing an initial offering of retail bonds worth a total of 9 billion Philippine pesos on a public blockchain. Libeara also participated in the green finance project Project Genesis, jointly launched by the Hong Kong Monetary Authority and the Bank for International Settlements Innovation Hub, to explore the application of blockchain technology in the tokenization of green bonds, aiming to improve issuance efficiency, lower investment barriers, and enhance the transparency of green investments.

The core team has rich financial experience and is committed to building RWA "super safe cars"

The name Libeara is derived from the combination of "Liberty" (the first retail U.S. Treasury bond "Freedom Bond") and "Aerarium" (the ancient Roman treasury). As a fintech company created by an innovative incubation platform under a bank, Libeara was established in January 2023, headquartered in Singapore, and is committed to leveraging blockchain technology to promote the tokenization of government bonds and funds, breaking down the frictions and barriers of traditional capital markets, and opening up new investment channels.

The core team of Libeara brings together top experts from traditional finance, blockchain technology, and regulatory compliance. The founder and CEO has over 20 years of extensive experience in capital markets, having designed and executed bond financing programs worth over $180 billion for sovereign nations, corporations, and financial institutions, with deep insights into the inefficiencies and pain points of traditional financial markets. This experience forms the cornerstone of Libeara's establishment, enabling it to find a balance between technological innovation and financial security, providing the market with solutions that are both efficient and credible.

The founder of Libeara stated that the tokenization of funds and bonds involves too many intermediaries, resulting in high investment thresholds and difficulty in entry. Tokenization not only simplifies these inefficient processes but also redefines the interaction between investors and assets. Through blockchain technology, Libeara enhances the transferability of these investments, allowing assets to be exchanged peer-to-peer among investors, significantly increasing flexibility. This has also given rise to more new use cases, such as enhancing liquidity and expanding the range of investor participation.

He emphasized that not all tokenization projects are equally secure. Many past projects simply placed the digital representation of assets on the chain without considering basic investor protection measures, thus introducing unnecessary risks. Libeara aims to build a "super safe car" that can safely drive on the digital highway of modern finance.

The target audience of Libeara's services is a new type of investor, namely those who hold crypto wealth but wish to participate in traditional capital market investments. The founder pointed out that the widespread application of blockchain in traditional finance faces cognitive barriers, as many still equate blockchain with volatile cryptocurrencies and unregulated markets, rather than stable, regulated assets like government bonds. Changing this perception requires not only advanced technology but also a strong compliance framework to demonstrate that blockchain can support serious regulated financial products.

He envisions that wealth allocation rights will shift from large financial institutions to individuals. Tokenization will play a key role in preserving the stability and structure of traditional finance while meeting the contemporary investors' demands for flexibility and autonomy.