Standard Chartered-backed Libeara launches tokenized treasury fund with FundBridge Capital

Libeara, a tokenization platform supported by Standard Chartered’s SC Ventures, has partnered with FundBridge Capital to introduce the Delta Wellington Ultra Short Treasury On-Chain Fund (ULTRA Fund), according to Crypto News. The fund, which will operate on Arbitrum, Avalanche and Solana, aims to offer a tokenized option for USD-denominated investments. Built within FundBridge’s Delta Master Trust, it uses Libeara’s platform to handle fund subscriptions, transfers, and redemptions, with initial deployment on Ethereum supporting USDC and fiat.