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 <p class="is-style-lead">Moody’s has recently issued an AA rating to the SGD Delta Fund, the first fund utilizing Standard Chartered’s SC Ventures’ Libeara <a rel="noopener noreferrer nofollow" title="tokenization" href="https://thebittimes.com/tag/tokenization.html">tokenization</a> <a rel="noopener noreferrer nofollow" title="platform" href="https://thebittimes.com/tag/platform.html">platform</a>.</p>
 <p>Despite the underlying assets boasting a AAA credit quality, Moody’s decision reflects caution due to the fund manager’s limited track record in managing unit trusts with similar strategies. The tokenized Singapore-dollar government bond fund, offered by FundBridge Capital on Ethereum and Stellar blockchains, primarily invests in high-quality Singapore government securities.</p>
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    <p lang="en" dir="ltr">What’s the outlook for digital finance in 2024? Moody’s explains the prospects for cryptocurrencies, digital bonds, <a rel="noopener noreferrer nofollow" title="tokenization" href="https://thebittimes.com/tag/tokenization.html">tokenization</a>, blockchain, regulations and more, and identifies key risks and opportunities. Read more: https://t.co/vUPE1fLuwe#MoodysOutlooks #Blockchain pic.twitter.com/87jy6sYzpn</p>— Moody's Investors Service (@MoodysInvSvc) January 4, 2024
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  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Bitcoin price will hit $120,000 in 2024, Standard Chartered believes
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 <p>Moody’s anticipates the fund’s credit quality to align with AAA standards but emphasizes that the fund manager’s lack of experience affects the rating. The innovative use of public blockchains, Ethereum (ETH) and Stellar (XLM), for issuing tokenized units is highlighted to enhance transparency and facilitate exchanges among whitelisted investors.</p>
 <p>Interest in <a rel="noopener noreferrer nofollow" title="tokenization" href="https://thebittimes.com/tag/tokenization.html">tokenization</a> is rising, with SC Ventures’ Libeara <a rel="noopener noreferrer nofollow" title="platform" href="https://thebittimes.com/tag/platform.html">platform</a> launching in collaboration with FundBridge Capital. The <a rel="noopener noreferrer nofollow" title="platform" href="https://thebittimes.com/tag/platform.html">platform</a>, conceived by Standard Chartered Bank’s investment and innovation arm, underscores its commitment to advancing blockchain technology, as evidenced by its participation in the Monetary Authority of Singapore’s Global Retail CBDC Challenge.</p>
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  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Singapore’s Central Bank explores asset tokenization with major financial firms
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/moody-s-rates-first-fund-on-standard-chartered-tokenization-platform-tbt75620.html">https://thebittimes.com/moody-s-rates-first-fund-on-standard-chartered-tokenization-platform-tbt75620.html</a></p>

Moody’s rates first fund on Standard Chartered tokenization platform

TheBitTimes

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