Libre, a recently launched joint venture between WebN Group and Nomura's Laser Digital, is deploying its pool of tokenized investment funds on the Aptos blockchain. The first funds to be offered on the Aptos layer-1 network include the Brevan Howard Master Fund, Hamilton Lane's Senior Credit Opportunities Fund, and BlackRock's ICS Money Market Fund, which collectively hold over $91 billion in assets under management.

Libre's Gateway DeFi DApps will allow accredited, professional and institutional investors to access these funds on-chain. This is not the first blockchain network to receive Libre's tokenized fund offerings, as the same portfolio has previously been deployed on the Solana and Near blockchains.

Tokenization is the process of converting real-world assets or rights into digital tokens that represent ownership or a stake in the asset, allowing them to be traded on blockchain systems. In private equity markets, tokenization helps with access by fractionalizing large, illiquid assets, enabling smaller investors to trade and gain exposure to these assets. According to data from Dune Analytics, over $1.6 billion in securities had already been tokenized as of September 5th, and Citi forecasts the tokenization market to reach up to $5 trillion by 2030.

Source: https://cointelegraph.com/news/libre-launches-brevan-howard-black-rock-hamilton-lane-funds-on-aptos

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