Libeara, a tokenization platform incubated by Standard Chartered’s SC Ventures, has received its Capital Markets Services (CMS) license from the Monetary Authority of Singapore, enabling it to deal in collective investment schemes (CIS) and tokenized securities for accredited and institutional investors.
The platform was involved in its first tokenized money market fund (MMF) two years ago and has since supported more than $1 billion in tokenized assets across multiple fund relationships. The license marks its transition from tokenization infrastructure provider to a regulated distributor of those products.
Beyond the initial tokenized MMF with Wellington Management, which has surpassed $140 million in AUM, Libeara’s largest relationship by volume has been with ChinaAMC, which manages $465 billion in AUM. Libeara has helped tokenize multiple ChinaAMC funds, including the first RMB tokenized MMF. A US dollar fund has proven most popular, with $548 million in tokenized assets. All of Libeara’s ChinaAMC work has been out of Hong Kong, including Asia’s first tokenized retail money market fund launched in February 2025.
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