The wave of tokenization sweeps the global finance, Libeara leads RWA innovative practices

Tokenization is rapidly shifting from theory to practice, becoming a hot topic in the global financial community. Whether it is institutions in the cryptocurrency space or traditional financial giants, all are exploring a common question: how to achieve the digitalization, blockchainization, and globalization of real-world assets (RWA) while ensuring compliance. From government bonds and real estate to commodities and notes, the asset classes are continuously expanding, and the regulatory framework is gradually opening up experimental space. Behind this wave of on-chain asset enthusiasm reflects a deep-seated demand in the global capital markets for increased efficiency, transparency, and round-the-clock liquidity.

Against this backdrop, Libeara, as an innovative platform, promotes tokenization practices in a regulatory-friendly and institution-oriented manner. Unlike many traditional financial institutions that are still in the pilot phase, Libeara has accumulated practical business experience through real projects. At the same time, compared to the aggressive technological experimentation paths of some crypto institutions, Libeara places greater emphasis on compliance, security, and institutional-level adaptation.

RWA has entered an acceleration period, and the three major products have opened up the path of traditional assets on the chain

The trend of RWA on-chain is accelerating its penetration into mainstream markets. According to the latest statistics from data platforms, 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 trend indicates that on-chain finance is no longer limited to the experimental grounds of crypto-native assets; there is an increasing demand from traditional financial markets 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. While there are advantages in compliance and security, there are also 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 a highly compliant and efficient on-chain issuance and management solution through its three core product lines: Bravo, Delta, and Tango, targeting major asset classes such as bonds, funds, and securities, accelerating the on-chain transition of traditional assets.

Bravo: Native tokenization of government bills and bonds

Bravo is an innovative asset tokenization platform designed for national financial institutions that enables the native issuance, trading, and management of government bonds and sovereign debt directly on the blockchain, thereby improving the financial system's inclusion, transparency, and resilience.

Traditional sovereign bonds are often barrier-to-threshold, complex and market-oriented, mainly for institutional investors, making it difficult for ordinary citizens to participate. Bravo democratizes debt by supporting small-denomination bond issuances and on-chain wallets, removing barriers to entry in traditional markets. Traditional bonds involve multiple intermediaries (e.g., underwriters, custodians, exchanges, clearing houses), and the process is cumbersome and inefficient. Bravo allows governments to issue, circulate and reimburse directly on-chain, and automate execution through smart contracts, with traceable and verifiable information throughout the process.

Developing countries rely heavily on dollar-denominated debt for financing. Once their local currency depreciates, repayment pressure increases sharply, making them prone to the trap of currency mismatch. Bravo's local currency bond support mechanism facilitates the onboarding of native local currency debt onto the blockchain, enhancing the strategic autonomy and risk resilience of governments, and strengthening credit anchoring.

The Bravo platform offers flexible debt product design capabilities. Traditional government bonds have a single form, making it difficult to meet the increasingly diverse capital demands and policy directions. Bravo supports programmable debt instruments, such as inflation-linked inflation-protected bonds, delayed issuance bonds designated for future activation, as well as innovative forms like lottery bonds and birthright bonds, allowing debt products to meet social policy goals and the needs of diverse populations.

In traditional debt structures, multiple institutions are involved, and intermediary risks, operational errors, or bankruptcy events can lead to investors being unable to redeem or suffering losses. Bravo implements a native on-chain holding mechanism, with assets directly belonging to investors, eliminating intermediary custody risks and single points of failure, while ensuring data transparency and verifiability, 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 the tokenization of fund shares of any denomination, significantly lowering the investment threshold. 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 classes and cross-jurisdictional fund management, meeting the needs of diversified investment portfolios. 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. It can be said that Delta meets the different needs of crypto-native investors and traditional investors by bridging traditional finance (TradFi) and decentralized finance (DeFi).

Tango: General Securities Token Issuance Platform

Tango is a universal 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 meet the needs of different markets. At the same time, Tango integrates KYC and AML functionalities, along with bank-level technology, internal control systems (ICS), risk management, and compliance standards, ensuring that all tokenized projects' issuance and circulation 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 needs of different countries and institutions, Libeara has been practically tested and optimized in national projects in countries such as Singapore, Hong Kong, Ghana, and the Philippines, involving various asset scenarios such as public offerings, private placements, and sovereign debt central bank digital currencies (CBDC), providing a replicable and verifiable technological paradigm for the global market.

For example, the ULTRA Fund is a tokenized US short-term Treasury fund launched by Libeara in collaboration with multiple parties aimed at qualified and institutional investors, and it is also one of the highest-rated tokenized US Treasury funds globally, receiving high ratings from several institutions. Recently, some on-chain capital entry platforms and RWA exchanges have also announced collaborations 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 Huaxia Hong Kong Dollar Digital Currency Fund. This fund is the first tokenized fund approved by the Hong Kong Securities and Futures Commission that is aimed at retail investors. Through Libeara, tokenization is achieved, providing investors with an innovative investment tool for Hong Kong dollar returns based on blockchain.

As early as 2023, Libeara was shortlisted for the Central Bank of Ghana CBDC Hackathon finalist, building a prototype system that supports CBDC subscription of Ghana government bonds and notes, and realizes the on-chain tokenized issuance and settlement of Ghana government bonds. The project not only verifies the technical feasibility, but also provides a viable path to fiscal digitalization for developing markets.

In addition, Libeara's tokenization technology has been incorporated into several national financial infrastructure construction projects. In 2024, Libeara participated in Project Ensemble, a wholesale central bank digital currency (wCBDC) project to drive Hong Kong's tokenized market. Libeara has partnered with a number of institutions to conduct proof-of-concept testing to explore settlement applications for tokenised deposits and tokenised assets, providing real-world case support for the HKMA's wCBDC infrastructure. In 2020, Libeara partnered with a bank to complete the first tokenized retail bond project in the Philippines, issuing an initial retail bond offering with a total value of PHP9 billion (approximately US$187 million) on the public blockchain. Libeara also participates in Project Genesis, a green finance project jointly launched by the Hong Kong Monetary Authority (HKMA) and the Bank for International Settlements (BIS) Innovation Center, to explore the application of blockchain technology in the tokenization of green bonds to improve issuance efficiency, lower investment barriers and enhance the transparency of green investment.

The core team has rich financial experience and is committed to creating the RWA "super secure car"

The name Libeara is derived from the combination of "Liberty" (the first retail treasury bond "Freedom Bond" in the United States) and "Aerarium" (the ancient Roman treasury). As a fintech company created by an innovative incubation platform under a certain bank, Libeara was established in January 2023 and is headquartered in Singapore. It is committed to leveraging blockchain technology to promote the tokenization of government bonds and funds, breaking the friction and barriers of traditional capital markets, and opening up investment channels that were previously difficult to access.

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 rich experience in capital markets and has designed and executed bond financing programs worth more than $180 billion for sovereign nations, corporations, and financial institutions. He has profound insights into the inefficiencies and pain points of traditional financial markets, especially in areas such as numerous intermediaries, high investment thresholds, and limited liquidity. This experience serves as the foundation for the establishment of Libeara, 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 has stated, "Tokenization of funds and bonds involves too many intermediary steps, resulting in high investment thresholds and difficulty in entry. Tokenization not only simplifies these inefficient steps but also redefines the interaction between investors and assets. Through blockchain technology, Libeara enhances the transferability of these investments, allowing assets to flow peer-to-peer among investors, significantly increasing flexibility. This has also given rise to more new use cases, such as improving liquidity and expanding the range of investor participation."

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

The target audience for Libeara's services is a new type of investor, specifically 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, with many still equating 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 prove that blockchain can support serious, regulated financial products.

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