Libre Capital Teams Up with Chainlink for Tokenized Fund Expansion
Libre Capital, a platform for regulated real-world assets, is collaborating with chainlink to boost the adoption of it’s tokenized funds. The partnership, announced on April 8, will utilize Chainlink’s technology to bring real-world assets onto the blockchain.
Libre Capital will employ Chainlink’s cross-chain interoperability protocol and proof of reserve to power its tokenized funds. These funds offer exposure to investments by major asset managers like BlackRock and Nomura group’s crypto arm, Laser Digital.
Chainlink’s technology will enhance the distribution of these funds, ensuring transparency and security. SmartData and NAVLink will support Libre Capital’s growth as decentralized finance (DeFi) and real-world assets (RWA) become more prominent in global investment strategies.
These tools enable automated risk management and DeFi integrations. DeFi protocols can now build around verified, on-chain reserve and NAV data, noted the Libre Capital team.
Earlier this year, Libre expanded its web3 protocol on the Injective blockchain.This move allows institutional investors to access on-chain investment funds, hedge funds, and private credit. The platform also partnered with LayerZero to accelerate institutional adoption of tokenized funds, expanding its offerings to over 120 blockchains.
With these collaborations, Libre Capital is becoming a key platform for choice assets, supported by partnerships with some of the world’s largest asset managers and wealth advisors.
