Libre, A Chain for Tokenized Assets, Launches With Polygon CDK
Libre, a project from WebN and Laser Digital, is a new Polygon CDK-powered blockchain for alternative and real world assets (RWA), aiming to enable legal and compliant tokenization of assets for global institutions.
The Deets
- Innovative Chain: A dedicated chain built with Polygon CDK for global alternative investment funds
- Target Users: Designed for asset managers and distributors for legal, compliant tokenization
- Strategic Partnerships: Partners include Brevan Howard and Hamilton Lane
- Comprehensive Services: Facilitates legal, regulatory, and operational workflows, with plans for additional value-add services
The Bulk
Libre, crafted by WebN Group and Laser Digital, is looking to be a critical infrastructure layer for growing demand of tokenized real world assets. This new platform, powered by Polygon Chain Development Kit (CDK), is tailored for legal and compliant access to these alternative assets, like art, collectibles, and more.
With strategic partnerships with leading firms like Brevan Howard and Hamilton Lane, Libre has a head start in shaping how institutions approach alternative assets on-chain.
Beyond simplifying issuance, Libre aims to enhance the alternative assets ecosystem with services like collateralized lending and automated account rebalancing. It is focusing on secure and compliant tokenization for major traditional players.
📊 By the Numbers
Digital asset firms have estimated the tokenized RWA market could reach $10 trillion by 2030.
🎤 Founder Feedback
The launch of Libre represents our commitment to enhancing asset management through blockchain. Our goal is to streamline processes and broaden investment opportunities in the alternative assets space.Dr. Avtar Sehra, CEO and Founder of Libre
🔜 What's Next?
Libre is set to go live in Q1 2024, with a focus on driving distributor integrations and expanding its suite of wealth management services.
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