PANews April 8 news, according to The Block report, market maker GSR led the investment in the tokenized platform Libeara supported by SC Ventures to support its strategy of building a Web3 'investment bank'. Previously, GSR had acquired Autonomous and Architech to improve its token consulting business, and this collaboration complements its missing 'one-click tokenization' capability.
Libeara was established in 2023 and has supported over $1 billion in on-chain asset issuance, including Asia's first tokenized retail money market fund, and has obtained a capital markets services license from the Monetary Authority of Singapore. GSR's Chief Legal and Strategy Officer stated that the goal of the company is to tokenize any asset in a compliant way, and in the past two months has engaged in tokenization projects involving film studios, farmland, real estate, and more. GSR is positioning itself as a comprehensive, end-to-end global digital asset and RWA capital markets partner, namely a 'Web3 investment bank'.
