Asset Innovation in the Wave of Tokenization: Libeara Leads the On-Chain Process of RWA

Tokenization is rapidly moving from concept to practice, becoming a hot topic in the global financial sector. Whether it is crypto-native institutions or traditional financial giants, they are exploring how to digitize, on-chain, and globalize real-world assets (RWA) under the premise of compliance. From government bonds, real estate to commodities and bills, asset classes are continually expanding, and regulatory frameworks are gradually opening up experimental space. Behind this wave of on-chain assets lies a deep demand in global capital markets for efficiency, transparency, and around-the-clock liquidity.

In this context, Libeara, as an innovative platform, practices tokenization in a regulatory-friendly and institution-oriented manner. Unlike many traditional financial institutions that are still in the pilot phase, Libeara has accumulated practical business experience through tangible projects; at the same time, it differs from the aggressive paths of some crypto institutions that prioritize technology, emphasizing compliance, security, and institutional-level adaptation.

RWA enters an acceleration phase, with three major products bridging traditional assets to on-chain.

The trend of RWA tokenization is accelerating its penetration into the mainstream market. The latest data shows that the total value of on-chain RWA assets worldwide has surpassed $25.5 billion, with a growth rate of nearly 56% since the beginning of the year, covering various asset classes such as U.S. Treasury bonds, real estate, private credit, commodities, and stocks. This indicates that on-chain finance is no longer limited to the experimental ground of crypto-native assets; the traditional financial market has an increasingly strong demand for more efficient, transparent, programmable, and composable financial infrastructure.

Currently, the issuance and custody processes of traditional financial assets still heavily rely on centralized institutions. Although 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 and 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, thereby accelerating the on-chain process of traditional assets.

Bravo: Native tokenization of government bills and bonds

Bravo is an innovative asset tokenization platform designed for national-level 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 typically have high thresholds and complex processes, targeting only institutional investors. Bravo eliminates the entry barriers of traditional markets by supporting the issuance of small-denomination bonds and on-chain wallets, promoting the democratization of debt. Traditional bonds involve multiple intermediaries, leading to cumbersome processes and low efficiency. Bravo allows governments to issue, circulate, and repay directly on-chain, automatically executing through smart contracts, making the entire process traceable and verifiable.

Developing countries' financing is highly dependent on U.S. dollar debt, making them susceptible to currency mismatch traps. Bravo's local currency bond support mechanism facilitates the on-chain issuance of native local currency debt, enhancing government strategic autonomy and risk resistance, and strengthening credit anchoring.

The Bravo platform offers flexible design capabilities for debt products. Traditional government bonds have a single form, making it difficult to adapt to diverse capital needs and policy orientations. Bravo supports programmable debt instruments, such as inflation-linked inflation-protected bonds, delayed issuance bonds designated for future activation, as well as innovative forms like lottery bonds and birthright bonds, meeting social policy goals and the diverse needs of the population.

In traditional debt structures, multiple institutions are involved, and intermediary risks, operational errors, or bankruptcy events can lead to investors being unable to redeem or suffering losses. Bravo implements 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 that data is transparent and verifiable, greatly enhancing the system's resilience.

Delta: Tokenization services aimed at regulated fund managers

Delta allows regulated fund managers to conduct on-chain fund share issuance and management, supporting tokenization of fund shares in any denomination, significantly lowering 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-jurisdictional fund management, catering to diverse portfolio needs. 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 licensed fund managers in Singapore, 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: General Securities Token Issuance Platform

Tango is a universal securities 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, ensuring technical compatibility and flexibility to adapt to different market demands. At the same time, Tango integrates KYC and AML functions, as well as bank-level 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.

Entering the practical stage, the tokenization business has been implemented 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 practical 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 Singapore, Hong Kong, Ghana, and the Philippines, involving various asset scenarios such as public offerings, private placements, and sovereign debt central bank digital currencies (CBDC), providing a replicable and verifiable technological paradigm for the global market.

For example, the ULTRA Fund is a tokenized short-term U.S. Treasury fund launched in collaboration with Libeara and multiple parties, 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 successfully launched a retail tokenization fund in collaboration with leading domestic public offering institutions – the Huaxia Hong Kong Dollar Digital Currency Fund. This fund is the first tokenized fund approved by the Hong Kong Securities and Futures Commission aimed at retail investors, enabling tokenization through Libeara and providing innovative investment tools for investors to earn Hong Kong Dollar returns through blockchain-based channels.

In 2023, Libeara was shortlisted for the finals of the Ghana Central Bank CBDC hackathon, building a prototype system that supports the subscription of Ghanaian government bonds and securities for CBDC, achieving the on-chain tokenization issuance and settlement of Ghanaian government bonds. 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 the tokenization market in Hong Kong. Libeara collaborated with multiple parties 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 collaborated with the Philippine National Bank to complete the Philippines' first tokenization retail bond project, issuing an initial offering of retail bonds valued at 9 billion Philippine pesos (approximately 187 million USD) on-chain. 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 the tokenization of green bonds to improve issuance efficiency, lower investment thresholds, and enhance transparency in green investments.

The core team has extensive financial experience and is committed to creating the RWA "super secure car".

The name Libeara is derived from the combination of "Liberty" (the first retail U.S. treasury bonds, "Freedom Bonds") and "Aerarium" (the ancient Roman treasury). As a fintech company, Libeara was established in January 2023, headquartered in Singapore, and is committed to using blockchain technology to promote the tokenization of government bonds and funds, breaking down the friction and barriers of traditional capital markets, and opening up previously inaccessible investment channels.

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 extensive experience in capital markets, having designed and executed bond financing programs worth over $180 billion for sovereign nations, corporations, and financial institutions. He has a profound insight into the inefficiencies and pain points of traditional financial markets, especially in areas such as excessive intermediaries, high investment thresholds, and limited liquidity. This experience serves as the cornerstone for the establishment of Libeara, 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 once stated, "Tokenization of funds and bonds involves too many intermediary steps, resulting in high investment thresholds and difficulty in access. Tokenization not only simplifies these inefficient steps but also redefines the interaction between investors and assets. Through blockchain technology, Libeara enhances the transferability of these investments, allowing assets to circulate peer-to-peer among investors, significantly increasing flexibility. This has also given rise to more new use cases, such as improving liquidity and expanding the scope of investor participation."

He emphasized that not all tokenization projects are equally safe. Many past projects merely placed the digital representation of assets on-chain without considering basic investor protection measures, thus introducing unnecessary risks. Libeara aims to create a "super safe car" that can safely drive on the digital highway of modern finance.

The target audience of Libeara's services is a new type of investor, namely 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, as 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 prove that blockchain can support serious regulated financial products.

He envisions that the power of wealth allocation will shift from large financial institutions to individuals. Tokenization will play a key role, retaining the stability and structure of traditional finance while meeting contemporary investors' demands for flexibility and autonomy.