Libre is scheduled to go live in the first quarter of 2024, offering asset tokenization and smart contracts through the Polygon network.
Brevan Howard and Hamilton Lane will be the first asset managers to tokenize assets on the upcoming Web3 infrastructure provider Libre protocol — backed by Brevan Howard's WebN and Nomura's Laser Digital.
Libre is scheduled to go live in the first quarter of 2024, offering asset tokenization and smart contracts through the Polygon network, supporting collateralized lending and automated rebalancing of separately managed accounts (SMAs).
According to a Jan. 10 announcement, both Brevan Howard and Hamilton Lane have entered into a strategic partnership with Libre, seeking to improve access to alternative investments. “We believe that tokenisation has the potential to revolutionise the way investments are managed and traded," said Victor Jung, head of digital assets at Hamilton Lane.
