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Libeara, the blockchain infrastructure platform supported by Standard Chartered’s venture division SC Ventures, has introduced a new tokenized gold investment fund in Singapore, bringing one of the oldest safe-haven assets into the digital realm.
Key Takeaways:
- Libeara and FundBridge have launched a tokenized gold fund that tracks the spot price of gold.
- This structure eliminates vaulting expenses while maintaining regulated, gold-linked exposure.
- This initiative enhances Standard Chartered’s efforts in the tokenization of real-world assets.
The fund, created in collaboration with FundBridge Capital, enables professional investors to access gold through blockchain-based tokens issued on Libeara’s ledger.
Each token is intended to correspond to the spot price of gold, providing a digital alternative to owning the physical metal.
FundBridge States Tokenized Gold Reduces Costs While Maintaining Price Exposure
FundBridge indicated that this structure eliminates the conventional costs associated with vaulting and logistics while preserving price exposure.
“FundBridge’s focus is to connect traditional fund governance with emerging digital infrastructure,” CEO Sue Lynn Lim reportedly stated to Nikkie.
“We’ve collaborated closely with our partners to ensure the framework aligns with the standards of a regulated fund environment while promoting the use of real-world assets on-chain.”
The fund, designated MG 999, is exclusively available to institutional and accredited participants. Unlike conventional gold funds, MG 999 does not possess physical bullion.
Instead, the tokens are designed to replicate gold’s market performance, providing a synthetic exposure mechanism that FundBridge claims targets efficiency without sacrificing regulatory protections.
𝐔𝐒$𝟏 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 in regulated assets, powered by Libeara !
We’re proud to announce that the total amount of tokenised assets powered by Libeara has officially surpassed US$1 Billion in AUM on https://t.co/ppI25aKcvh – https://t.co/G1b99JjJZC pic.twitter.com/Z1eLYXbkjZ— Libeara (@libeara_) November 26, 2025
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This initiative represents a broader movement by established financial institutions to tokenize real-world assets, including bonds, funds, treasuries, and now precious metals, as blockchain technology gains traction beyond the volatile cryptocurrency sector.
SC Ventures has been progressively expanding its digital-assets presence in Asia. In addition to Libeara, the bank holds majority stakes in Zodia Custody and Zodia Markets, both of which focus on institutional digital-asset services.
The latest effort highlights how traditional finance entities are utilizing their credibility to enter a sector that has faced trust issues following several industry setbacks.
Gold Demand Increases as Institutions Look for Alternatives
The launch coincides with a renewed increase in global gold demand. Central banks have been augmenting their bullion reserves this year due to ongoing concerns regarding the long-term supremacy of the US dollar and geopolitical instability.
President Donald Trump’s tariff policies have further fueled the demand for safer assets.
Last month, Standard Chartered joined other financial institutions in launching a physically backed gold fund in Singapore, with the bank serving as custodian for bullion stored at the high-security Le Freeport vault near Changi Airport.
This product targets investors seeking exposure to allocated metal rather than tokenized units.
MG 999 also includes a lending component aimed at Singapore’s jewelry sector. Mustafa Gold, a prominent retailer in the city-state, has been designated as the fund’s first borrower.
This structure enables Mustafa to secure credit against its gold jewelry inventory while keeping the items on display.
“Gold-linked tokens are quite unique and complex,” stated Mustafa founder Mustaq Ahmad. “MG 999 allows retailers to leverage digital innovation and better manage working-capital requirements.”
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