Libre

Polygon

Force

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/libre-emerges-as-a-new-force-in-web3-simplifying-tokenized-asset-trading" rel="noopener noreferrer nofollow">Libre Emerges as a New Force in Web3, Simplifying Tokenized Asset Trading</a><br></p>
<p style="text-align: justify">A recent breakthrough in the digital asset space has been marked by the unveiling of Libre, a new Web3 protocol designed to streamline the export and distribution of tokenized alternative assets to eligible investors. This new infrastructure, forged through a partnership between WebN Group and Laser Digital, utilizes Polygon’s advanced technology.</p>
<h2 id="a-collaborative-effort">A Collaborative Effort</h2>
<p style="text-align: justify">Originating as a joint venture between Nomura’s crypto division, Laser Digital, and the innovative incubator WebN Group, Libre was officially introduced in January. They received developmental aid from Polygon Labs, positioning Libre as a promising newcomer in the fintech sector.</p>
<p style="text-align: justify">Libre stands apart from other tokenizing projects by targeting alternative investments and offering access to money market funds from major entities like BlackRock. Dr. Avtar Sehra, the brains behind Libre, lauds the protocol’s ability to grant investors both <a href="https://en.bitcoinhaber.net/florence-finance-falls-victim-to-phishing-attack-highlighting-security-vulnerabilities-in-crypto-projects" rel="noopener noreferrer nofollow">security</a> and the agility to migrate towards alternative markets.</p>
<p style="text-align: justify">Employing smart contracts and asset tokenization, the protocol ensures compliance in managing and issuing alternative investments. Leveraging the Polygon Chain Development Kit, Libre paves the way for specialized, confidential Layer 2 Blockchains built atop <a href="https://en.bitcoinhaber.net/ethereums-potential-downtrend-alerted-by-analyst-benjamin-cowen" rel="noopener noreferrer nofollow">Ethereum</a>‘s network.</p>
<p style="text-align: justify">Libre is also expanding its reach by integrating with other Layer 1 and Layer 2 networks through the Libre Gateway. This move aims to offer accredited investors across various platforms access to high-caliber alternative investments and money market funds.</p>
<h2 id="industry-leaders-recognize-libre-s-potential">Industry Leaders Recognize Libre’s Potential</h2>
<p style="text-align: justify">Colin Butler from Polygon Labs, celebrating the protocol’s launch, highlighted that Libre lays the foundation for the future of corporate financial instrument tokenization, hinting at groundbreaking applications on the horizon. He envisions that the Libre Gateway will revolutionize the global financial landscape.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/libre-emerges-as-a-new-force-in-web3-simplifying-tokenized-asset-trading" rel="noopener noreferrer nofollow">Libre Emerges as a New Force in Web3, Simplifying Tokenized Asset Trading</a></h5>

Libre Emerges as a New Force in Web3, Simplifying Tokenized Asset Trading

Table of Contents

BH NEWS

Άλλα άρθρα που δημοσιεύτηκαν στις 19 Μαρ 2024

Breaking New Ground: Pushd (PUSHD) E-Commerce Draws in Uniswap (UNI) & Solana (SOL) Investors, Ea...

Bitcoin’s Recent Tumble Triggers $440M in Futures Liquidations!

Bitcoin Halving Triggering Outflow From GBTC & Other ETFs?

Top Crypto Analyst Predicts Bitcoin’s Dominance and Price Surge

Crypto Market Welcomes New Memecoin Amidst Downturn

Dechat: Revolutionizing SocialFi with AI

Join our free newsletter for daily crypto updates!