Tokenization of Financial Assets from Major Firms Enabled on Libre ZK L2 Chain
Tokenization of Financial Assets from Major Firms Enabled on Libre ZK L2 Chain
🔓 Tokenized Institutional Assets Unlocked
Libre, a new zero-knowledge Layer 2 chain built on Polygon CDK, has launched a platform that enables the tokenization of financial assets from major institutions like Brevan Howard and BlackRock. This development allows investors to access tokenized versions of funds from these firms. Libre's architecture, made possible by Polygon CDK, provides a compliant and transparent avenue for financial institutions to tokenize alternative assets. The platform aims to unlock untapped assets under management by creating digitally native funds with broader access for eligible investors. Libre Gateway is the next milestone to enable interoperability with other protocols and eventually connect to the AggLayer.
The tokenization-specific ZK L2 chain, Libre, is live. @librecap now delivers a compliant way for institutions to tokenize alternative assets, while enabling onchain access to performant funds, like hedge funds from Brevan Howard and money market funds from Blackrock. Libre's
onchain today, aggregated tomorrow. @librecap is live, delivering onchain access to Brevan Howard and BlackRock funds.
Digitally native access to BlackRock and Brevan Howard funds just went live on @librecap with Polygon CDK. An untapped $30T AUM opportunity meets digitally native access the world's largest funds. Onchain today is heating up. Aggregation next. coindesk.com/business/2024/…
The evolution of Tokenized Real World Assets is here ft. @librecap x @0xPolygon @EasyEatsBodega explains why the new ZK L2 chain, Libre, will allow TradFi assets from institutions like Brevan Howard and Blackrock to become tokenized And why YOU should care 👇
Last week, @0xPolygon announced the launch of @librecap platform built on Polygon CDK 🚀 This new platform enables the tokenization of financial assets 👀 TLDR: Investors can now access tokenized versions of funds from major financial firms like @BlackRock 🤯
USDC velocity on Polygon accelerates
USDC transaction velocity on Polygon network shows significant growth in early April 2025. The stablecoin's circulation rate increased by 15% compared to March figures. Key metrics: - Daily active USDC addresses up 22% - Average transaction value: 2,500 USDC - Settlement time under 2 seconds This acceleration follows March's broader trend of stablecoin adoption on Polygon, where both USDC and USDT saw increased payment activity. The network maintains sub-penny transaction fees despite higher volumes. *Technical Note*: Velocity measures how frequently a token changes hands within a specific timeframe.
More Ways to Get Funded for Building on Polygon
Polygon's ecosystem continues to expand its funding opportunities for developers. The Grants Program Season 2 deadline is approaching, with just two weeks remaining for submissions. Notable independent grant allocators now offering specialized funding: - Encode Club - AngelHack - QuickswapDEX - Crossmint - ThrivePolygon Builders can apply at [Polygon Grants](http://polygon.technology/grants) *Don't miss this opportunity to secure funding for your blockchain project.*
Acctual Team Launches Global Invoice System with Polygon Stablecoins
Acctual Team has introduced a new global invoicing system leveraging stablecoins on the Polygon network. This development follows Stripe's successful integration of USDC payments on Polygon, which enabled crypto payments at over 3M stores. Key points: - Merchants can now invoice globally with stablecoin settlement - System built on Polygon's infrastructure - Lower fees compared to traditional payment methods (1.5% vs 2.9%) - Part of growing $230B stablecoin market The solution aims to streamline cross-border payments while reducing costs for merchants. This adds to the expanding ecosystem of real-world financial applications using blockchain technology.
Stablecoin Market Growth on Polygon Network
Polygon network maintains steady metrics with $2B stablecoin market cap and $11.32B monthly volume. Key performance indicators: - 2M unique active wallets in P2P stablecoin transfers - $194M in tokenized assets - Consistent performance compared to previous reporting period This follows broader Layer-2 ecosystem growth, where Ethereum L2s recently achieved $13.5B in locked stablecoins. The stability in Polygon's metrics suggests sustained adoption of blockchain infrastructure for financial transactions. *Want to dive deeper?* Check the full report at [Token Relations Dashboard](https://tokenrelations.xyz)
Compound Blue Launches Position Migration on Polygon PoS
Compound Blue has introduced a new feature allowing users to migrate leveraged positions directly to their platform on Polygon PoS. The system is powered by Morpho, offering: - Supply and borrow side COMP & POL incentives - Seamless position migration through [compound.blue/migrate](https://www.compound.blue/migrate) - Integration with Morpho Markets for lending and borrowing - User-friendly interface built by Paperclip Labs The platform enables lenders to deposit into Morpho-powered vaults while borrowers can access funds directly through Morpho Markets.