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2025-12-09 10:06:25

Standard Chartered-Backed Libeara Launches Tokenized Gold Fund in Singapore

Libeara, the blockchain infrastructure platform backed by Standard Chartered’s venture arm SC Ventures, has rolled out a new tokenized gold investment fund in Singapore, bringing one of the world’s oldest safe-haven assets onto digital rails. Key Takeaways: Libeara and FundBridge launched a tokenized gold fund that tracks gold’s spot price. The structure removes vaulting costs while keeping regulated, gold-linked exposure. The move expands Standard Chartered’s push into real-world asset tokenization. The fund, launched in partnership with FundBridge Capital, allows professional investors to gain exposure to gold through blockchain-based tokens issued on Libeara’s ledger. Each token is designed to correlate to the spot price of gold, offering a digitized alternative to holding the physical metal. FundBridge Says Tokenized Gold Cuts Costs While Preserving Price Exposure FundBridge said the structure removes the traditional costs of vaulting and logistics while keeping the price exposure intact. “FundBridge’s priority is to bridge traditional fund governance with emerging digital infrastructure,” CEO Sue Lynn Lim reportedly told Nikkie . “We’ve worked closely with our partners to ensure the framework meets the standards of a regulated fund environment while advancing the use of real-world assets on-chain.” The fund, named MG 999, is available exclusively to institutional and accredited participants. Unlike traditional gold funds, MG 999 does not hold physical bullion. Instead, the tokens are engineered to mirror gold’s market performance, offering a synthetic exposure mechanism that FundBridge says targets efficiency without compromising regulatory safeguards. 𝐔𝐒$𝟏 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 in regulated assets, powered by Libeara ! We’re proud to announce that the total amount of tokenised assets powered by Libeara has officially surpassed US$1 Billion in AUM on https://t.co/ppI25aKcvh – https://t.co/G1b99JjJZC pic.twitter.com/Z1eLYXbkjZ — Libeara (@libeara_) November 26, 2025 The move extends a broader push by established financial institutions to tokenize real-world assets, bonds, funds, treasuries and now precious metals, as blockchain technology gains ground well beyond the volatile world of cryptocurrencies. SC Ventures has been steadily expanding its digital-assets footprint in Asia. Alongside Libeara, the bank holds majority stakes in Zodia Custody and Zodia Markets, both focused on institutional digital-asset services. The latest initiative underscores how traditional finance players are leveraging their reputation to enter a sector that has struggled with trust following multiple industry blowups. Gold Demand Surges as Institutions Seek Alternatives The launch also comes during a renewed surge in global gold demand. Central banks have been increasing their bullion reserves this year amid ongoing concerns about the long-term dominance of the US dollar and geopolitical uncertainty. President Donald Trump’s tariff policies have further stoked demand for safer assets. Last month, Standard Chartered joined other financial institutions in launching a physically backed gold fund in Singapore, with the bank acting as custodian for bullion stored at the high-security Le Freeport vault near Changi Airport. That product targets investors seeking exposure to allocated metal rather than tokenized units . MG 999 also contains a lending component aimed at Singapore’s jewelry sector. Mustafa Gold, a major retailer in the city-state, has been named the fund’s first borrower. The structure allows Mustafa to secure credit against its gold jewelry inventory while keeping the pieces on display. “Gold-linked tokens are quite unique and complex,” said Mustafa founder Mustaq Ahmad. “MG 999 lets retailers tap digital innovation and better manage working-capital needs.” The post Standard Chartered-Backed Libeara Launches Tokenized Gold Fund in Singapore appeared first on Cryptonews .

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