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Standard Chartered's Libeara will launch a tokenized fund based on the Ethereum main network in Singapore this month.

According to online reports, according to Hong Kong media Hong Kong Economic Journal, Libeara, a tokenized platform cultivated by Standard Chartered's SC Ventures, revealed that it will be the first to launch a US dollar tokenized money market fund in Singapore this month, initially on the Ethereum main network. Alexandre Deschatres, Libeara's director of business development, said in an interview that he would review the liquidity of U.S. Treasury bonds with Wellington and Fundbridge before a full chain launch.

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