The wave of asset tokenization is rising, and the institutional-grade RWA platform Libeara is breaking through in practice.

Tokenization is moving from concept to practice, becoming a hot topic in the global financial sector. Whether it's emerging crypto institutions or traditional financial giants, they are all exploring a common proposition: how to digitize and chain assets from the real world (RWA) while ensuring compliance, and achieve globalization. From government bonds to real estate, and then to commodities and notes, the range of asset classes continues to expand, and the regulatory framework is gradually opening up experimental space. This wave of on-chain asset enthusiasm reflects the deep-seated demand in the global capital markets for efficiency, transparency, and round-the-clock liquidity.

Against this backdrop, an innovative platform called Libeara, incubated by a large bank, has emerged as a pioneer in tokenization practices for institutions. Unlike many traditional financial institutions that are still in the pilot stage, Libeara has accumulated rich practical business experience through real-world projects; at the same time, it differentiates itself from some crypto institutions that take a technology-first and aggressive approach, placing greater emphasis on compliance, security, and institutional-level adaptation.

RWA accelerates development, three major products open up the on-chain channels for traditional assets.

The trend of RWA on-chain is accelerating its penetration into the mainstream market. According to the latest statistics from a certain data platform, 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. Treasuries, 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; the traditional financial market's demand for more efficient, transparent, programmable, and composable financial infrastructure is becoming increasingly urgent.

Currently, the issuance and custody processes of traditional financial assets still heavily rely on centralized institutions. While they have advantages in compliance and security, they also face issues such as complex and lengthy issuance processes, high participation thresholds, exorbitant costs, and severe data silos. To address these pain points, Libeara has developed high-compliance, high-efficiency 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 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, only targeting institutional investors, while ordinary citizens are often excluded. Bravo eliminates the entry barriers of the traditional market by supporting the issuance of small-denomination bonds and on-chain wallets, promoting the democratization of debt. Traditional bonds involve multiple intermediaries, cumbersome processes, and low efficiency. Bravo allows governments to issue, circulate, and repay directly on-chain, and automatically executes through smart contracts, making the entire process traceable and verifiable.

Developing countries' financing heavily relies on US dollar debt. Once their local currency depreciates, the pressure to repay debts increases sharply, making them susceptible to currency mismatch traps. Bravo's local currency bond support mechanism facilitates the on-chain integration of native local currency debt, enhancing the strategic autonomy and risk resistance of governments, while also strengthening credit anchoring.

The Bravo platform offers flexible debt product design capabilities. Traditional government bonds have a single form, making it difficult to adapt to diversified capital needs and policy directions. Bravo supports programmable debt instruments, such as inflation-linked value-preserving bonds, deferred issuance bonds designated for future activation, as well as innovative forms like lottery bonds and birthright bonds, ensuring that debt products meet social policy goals and diverse demographic needs.

In traditional debt structures, multiple institutions are involved, and intermediary risks, operational errors, or bankruptcy events can lead to investors being unable to redeem their investments or suffering losses. Bravo promotes a native on-chain holding mechanism, where assets are directly owned by investors, eliminating intermediary custody risks and single points of failure, while also 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 tokenization of fund shares with any denomination, significantly reducing 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 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 a licensed fund manager through Libeara, featuring institutional-level security and compliance. Delta meets the different needs of crypto-native investors and traditional investors by bridging traditional finance (TradFi) and decentralized finance (DeFi).

Tango: Universal Security Token Offering Platform

Tango is a universal security 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 to ensure technical compatibility and flexibility, adapting to different market demands. At the same time, Tango integrates KYC and AML functionalities, as well as bank-grade technology, internal control systems (ICS), risk management, and compliance standards, ensuring that the issuance and circulation of all tokenization projects comply with regulatory and legal standards.

has entered the practical stage, and 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 the tokenization from concept to actual implementation. By flexibly adapting to the regulatory and market demands 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 including public offerings, private placements, and sovereign debt central bank digital currencies (CBDC), providing a replicable and verifiable technical paradigm for the global market.

For example, the ULTRA fund is a tokenized U.S. short-term treasury fund launched by Libeara in collaboration with a fund management company aimed at qualified and institutional investors, and it is one of the highest-rated tokenized U.S. treasury funds globally, receiving high ratings from multiple institutions. Recently, several on-chain capital entry platforms and RWA exchanges announced partnerships with Libeara to expand access to the ULTRA fund.

Libeara has also partnered with a leading public offering institution to successfully launch a retail tokenization fund. This fund is the first tokenized fund approved by the Hong Kong Securities and Futures Commission for the general public, and it enables investors to earn Hong Kong dollar returns through blockchain-based channels using tokenization implemented by Libeara, providing innovative investment tools.

In 2023, Libeara was shortlisted for the finals of the Ghana Central Bank CBDC Hackathon, building a prototype system that supports the subscription of Ghana government bonds and notes for CBDC. This project not only validated technical feasibility but also provided a viable path for financial digitalization 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 the Project Ensemble launched by the Hong Kong Monetary Authority, which is a wholesale Central Bank Digital Currency (wCBDC) project aimed at promoting the development of Hong Kong's tokenization market. Libeara collaborated with a bank and a payment company to conduct proof-of-concept testing, 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 partnered with a bank to complete the Philippines' first tokenized retail bond project, issuing an initial offering of retail bonds worth 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, exploring the application of blockchain technology in green bond tokenization to improve issuance efficiency, lower investment thresholds, and enhance the transparency of green investments.

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

The name Libeara is derived from "Liberty" (the "Freedom Bond" of the first retail treasury bonds in the United States) and "Aerarium" (the ancient Roman treasury). Established in January 2023 and headquartered in Singapore, Libeara is a fintech company created by an innovative incubation platform under a large bank, dedicated to leveraging blockchain technology to promote the tokenization of government bonds and funds, breaking down 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, having designed and executed bond financing schemes worth more than $180 billion for sovereign nations, corporations, and financial institutions. He has deep insights into the inefficiencies and pain points of traditional financial markets, particularly in areas such as excessive intermediaries, high investment thresholds, and limited liquidity. This experience serves as 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 stated in public, "Tokenization of funds and bonds involves too many intermediary steps, resulting in high investment thresholds and difficulties in entry. Tokenization not only simplifies these inefficient processes but also redefines the way investors interact with 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 spawned more new use cases, such as enhancing liquidity and expanding the range of investor participation."

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

The target audience of the Libeara service 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, and 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 predicts that wealth allocation rights will shift from large financial institutions to individuals. Tokenization will play a key role, preserving the stability and structure of traditional finance while meeting contemporary investors' demands for flexibility and autonomy.