Libre Capital, an on-chain infrastructure platform for regulated real-world assets, is partnering with Chainlink to expand the adoption of its tokenized funds.
The Libre Capital team revealed in an announcement on April 8 that it will leverage the Chainlink (LINK) standard, including the Chainlink cross-chain interoperability protocol and proof of reserve, to bring real-world assets on-chain.
Libre will use the Chainlink technology to power the tokenized funds that offer exposure to investment funds by global asset management giant BlackRock and Nomura Group’s crypto arm Laser Digital, the platform said via X.
As well as on-chain access, Chainlink’s standard will be crucial in Libre’s distribution of the funds, with transparency and security key benefits. The Chainlink SmartData and NAVLink will also bolster Libre Capital’s expansion as decentralized finance and RWA increasingly becomes a greater part of global investment strategies.
“These tools unlock powerful use cases for tokenized funds, including automated risk management and DeFi integrations. DeFi protocols can build around verified, onchain reserve and NAV data,” the Libre Capital team noted.
Ealier this year, Libre expanded its web3 protocol designed for fund issuance and distribution on Injective.
According to the platform, the launch on the Injective blockchain allows institutional and accredited investors to tap into on-chain investment funds, hedge funds, private credit, and money market funds. Other than Laser Digital’s tokenized Laser Carry Fund, it also allowed on-chain access to funds by major asset managers such as BlackRock, Hamilton Lane and Brevan Howard.
Libre also recently tapped interoperability protocol LayerZero in a collaboration aimed at accelerating institutional adoption of tokenized funds. The integration allows Libre to expand its offerings to more than 120 blockchains that utilize the LayerZero interop feature, including Ethereum, Solana, and Aptos.
These partnerships and integrations see Libre become one of the key platforms for alternative assets, helped by its collaboration with some of the world’s largest asset managers and wealth advisors.
