What to know:

  • Libre has issued about $150 million of tokenized versions of Brevan Howard funds, Hamilton Lane’s fixed-income type products, and a BlackRock money-market fund.
  • Libre already proposed the use of its blue chip RWA tokens as collateral on a MakerDAO forum in September.

As a seasoned researcher with a penchant for all things blockchain and finance, I find this partnership between Libre Capital and First Abu Dhabi Bank truly intriguing. With my years of experience in the field, I’ve witnessed the crypto world evolve from a niche concept to a global phenomenon.

First Abu Dhabi Bank (FAB) has entered into an agreement, known as a Memorandum of Understanding (MoU), with Libre Capital, a company specializing in tokenization backed by Brevan Howard’s WebN Group and Nomura’s Laser Digital. The goal is to perform blockchain-based lending using tokens that represent real-world assets (RWAs).

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2024-12-10 11:14