GSR led a funding round for Libera, a tokenization platform backed by SC Ventures.

CoinFeed reported on April 8th that, according to The Block, market maker GSR led a funding round for Libeara, a tokenization platform backed by SC Ventures, to support its strategy of building a Web3 "investment bank." GSR had previously acquired Autonomous and Architech to enhance its token advisory business, and this collaboration complements its missing "one-click tokenization" capability. Founded in 2023, Libeara has supported over $1 billion in on-chain asset issuance, including Asia's first tokenized retail money market fund, and has obtained a capital markets services license from the Monetary Authority of Singapore. GSR's Chief Legal and Strategy Officer stated that tokenizing any asset in a compliant manner is the company's goal, and that it has engaged with tokenization projects involving film studios, farmlands, and real estate in the past two months.