Standard Chartered-Backed Libeara Launches Tokenized Gold Fund in Singapore: Traditional Finance Finally Gets It

Forget dusty vaults and paper certificates. A new player just dragged gold into the digital age—and it’s backed by one of banking’s oldest names.
Libeara, with the heavyweight backing of Standard Chartered, has launched a tokenized gold fund in Singapore. This isn't a crypto startup's moonshot; it's institutional finance building on-chain infrastructure. The fund represents physical gold holdings, with each digital token acting as a direct claim on the real asset. It’s a bridge between the immutable ledger and the timeless metal.
Why This Cuts Through the Noise
Singapore’s regulatory clarity makes it the perfect sandbox. The Monetary Authority of Singapore (MAS) has been methodically building a framework for digital assets, and this launch fits squarely within it. It’s a signal that tokenization is moving past speculative NFTs and into the core of wealth management. The fund offers 24/7 settlement, fractional ownership, and a transparency layer that traditional gold ETFs can’t match. It bypasses the usual custodial friction, putting ownership directly in the investor's digital wallet.
The Bigger Picture: A System Reboot
This is more than a new product; it’s a proof-of-concept for a massive shift. If gold—the ultimate traditional safe-haven asset—can be successfully tokenized, what’s next? Real estate? Private equity? The entire illiquid backbone of global finance is now on the table. It validates the entire premise of blockchain in finance: not to destroy the system, but to make it infinitely more efficient and accessible. Banks are no longer just watching from the sidelines; they’re starting to build the rails.
A cynical take? It’s about time traditional finance used blockchain for something other than filing patents and publishing research reports. They’ve finally found a use case that doesn’t threaten their fees—just streamlines them.
The launch is a definitive step. The age of digitizing everything is no longer coming; it’s here. And it’s being built by the very institutions it was supposed to disrupt.
TLDR:
- Libeara unveils a blockchain-based tokenized gold fund in Singapore.
- New MG 999 fund offers digital gold exposure with no storage fees.
- SC Ventures backs Libeara’s tokenized gold fund to modernize investments.
- Tokenized gold fund tracks real-time gold prices, eliminating physical storage.
- Libeara’s MG 999 fund offers efficient, blockchain-powered gold investments.
Libeara, a blockchain infrastructure platform backed by Standard Chartered’s venture arm, SC Ventures, has launched a new tokenized Gold fund in Singapore. The fund aims to provide professional investors with a digital alternative to traditional gold investments. It leverages blockchain technology to issue tokens that track the spot price of gold, offering an efficient and cost-effective way to gain exposure to the precious metal.
Tokenized Gold Fund Offers Digital Exposure to Gold
The new tokenized gold fund, MG 999, is developed in collaboration with FundBridge Capital. It allows institutional investors to participate in the gold market through blockchain-based tokens issued on Libeara’s ledger. Each token mirrors the market performance of gold without the need for physical storage, which reduces vaulting and logistics costs. This structure provides a synthetic exposure to gold, offering a streamlined and digitized approach to gold investment.
The fund’s tokenized structure ensures that investors maintain direct exposure to gold’s spot price while eliminating traditional physical storage requirements. According to FundBridge, this digital model provides efficiency without compromising regulatory safeguards. The use of blockchain technology advances the potential of real-world assets on-chain, aligning with growing interest in tokenizing traditional investment vehicles.
Unlike conventional gold funds, MG 999 does not hold physical gold bullion but instead tracks its value through blockchain-issued tokens. This method allows for faster and more flexible trading of gold, offering a unique financial tool for institutional players. The tokens are designed to follow the daily fluctuations of gold prices, providing a real-time connection to the asset’s market value.
SC Ventures Expands Digital Assets Operations in Asia
The launch of MG 999 signals Standard Chartered’s growing presence in the digital asset space, particularly in Asia. The bank, through its venture arm SC Ventures, has been expanding its footprint by backing innovative digital-asset projects like Libeara. SC Ventures has already taken majority stakes in digital-asset services companies, including Zodia Custody and Zodia Markets, reinforcing its commitment to digital finance.
Standard Chartered’s involvement in blockchain-based investment tools reflects its broader strategy to modernize traditional financial offerings. As the demand for safe-haven assets like gold rises, the launch of a tokenized gold fund positions SC Ventures as a key player in the evolving digital finance landscape. This MOVE also aligns with increasing global interest in digital investment solutions, as blockchain technology continues to gain traction across different asset classes.
Libeara’s tokenized gold fund launch comes at a time when global gold demand is surging. Central banks have been increasing their gold reserves, driven by geopolitical uncertainty and concerns about the dominance of the US dollar. The MG 999 fund aims to cater to this growing demand by offering a modern, blockchain-based investment product that aligns with the shifting preferences of institutional investors.