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Libeara has raised US$14 million in a strategic funding round led by global market maker GSR.
The round also included Openspace Capital, Kyobo Life Insurance Group, AlloyX, Monk’s Hill Ventures, Kaia Investment Partners and Simsan Ventures.
Libeara said the new investors bring regional distribution and ecosystem support as it expands across different markets.
The Singapore-based company will use the funding to support its global expansion and scale its tokenisation infrastructure for regulated digital assets.
Libeara works with financial institutions and asset managers to issue and distribute tokenised assets.
Aaron GwakAaron Gwak, Founder and CEO, Libeara, said,
“Bringing in these partners provides us a distinct edge in localising and scaling our infrastructure across diverse markets, making tokenised regulated assets available to more investors globally.
This round assembles exactly the right combination of traditional financial markets, technology, and ecosystem reach to build institutional-grade tokenised markets at scale.”
Openspace Capital sees tokenised assets as an important part of next-generation financial markets, particularly as institutions look for regulated infrastructure to support digital asset issuance.
Kyobo Life Insurance Group has also been increasing its focus on real-world asset tokenisation and digital asset applications across its affiliate businesses in South Korea.
Kaia Investment Partners expects growing stablecoin adoption to increase demand for savings, yield and real-world asset products, particularly across Asia.
Featured image: Edited by Fintech News Singapore, based on image by mkmult via Magnific
