FundBridge Capital, in collaboration with Libeara, has introduced the ULTRA tokenized U.S. Treasury fund on the Avalanche blockchain. The initiative is positioned as a regulated and institutional-grade solution that enables accredited and institutional investors to gain exposure to short-duration U.S. Treasuries entirely on-chain. It has been structured with a focus on compliance, governance, and liquidity, and will be sub-managed by Wellington Management.
The ULTRA product is being presented as a bridge between traditional finance and blockchain technology, bringing efficiency and scale to institutional fund strategies. Its launch reflects a broader industry shift toward embedding established financial instruments within blockchain ecosystems, where transparency and programmability enhance operational and investment outcomes.
FundBridge Capital’s infrastructure and expertise
FundBridge Capital, an independent fund management platform, has positioned itself as a provider of efficient and compliant solutions for investment professionals. The firm operates under regulatory approval from the Monetary Authority of Singapore and extends its services to institutional investors, emerging fund managers, and high-net-worth individuals. Its infrastructure is designed to ease the process of setting up and managing regulated fund vehicles by managing legal, compliance, and operational requirements.
A core strength of the platform lies in its application of blockchain-based fund tokenization. This approach, according to the company’s positioning, enables enhanced efficiency, transparency, and security in asset management. FundBridge has developed expertise in structuring vehicles that support a variety of asset classes, including equities, fixed income, real estate, and hedge funds. By covering multiple jurisdictions such as Singapore, the Cayman Islands, and the British Virgin Islands, it offers flexibility for clients seeking compliant cross-border fund structures. The platform combines digital infrastructure with advisory expertise to enable investment professionals to access capital markets more effectively.
ULTRA gives accredited & institutional investors short-duration U.S. Treasury exposure onchain, with compliance, liquidity, and institutional-grade governance.https://t.co/UAHBjEiQXU
— Avalanche🔺 (@avax) August 28, 2025
Libeara’s tokenization platform and regulatory progress
Libeara, which was incubated by SC Ventures, a subsidiary of Standard Chartered, has established itself as a platform focused on the tokenization of real-world assets. Founded in 2023 and headquartered in Singapore, it has specialized in creating, issuing, and managing tokenized versions of funds, government bonds, and similar financial instruments. Its product suite includes solutions like Delta, designed for fund managers, and Bravo, aimed at central banks. These offerings facilitate simplified subscription, redemption, and transfer processes for tokenized assets across jurisdictions.
The platform emphasizes lowering investment barriers, improving liquidity, and ensuring regulatory compliance while maintaining strong investor protections. It recently achieved in-principle approval for a Capital Markets Services license from the Monetary Authority of Singapore, signaling a major step in aligning with regulatory expectations.
Libeara has also demonstrated its technology through pilot projects in Asia and Africa, showcasing its ability to support financial inclusion while bridging the gap between traditional capital markets and digital asset ecosystems. With this foundation, the firm aims to be at the forefront of tokenized finance, promoting greater accessibility, transparency, and security in global markets.
Tokenization shaping future capital markets
The introduction of ULTRA on Avalanche is being framed as an example of how blockchain can merge regulatory-grade compliance with institutional investment strategies. FundBridge Capital brings fund management expertise and infrastructure, while Libeara contributes its tokenization technology and regulatory progress. Together, they intend to expand the scope of tokenized finance by offering investors a secure and transparent path into U.S. Treasury exposure.
The initiative underscores a growing momentum around tokenization in capital markets, where institutions increasingly seek solutions that combine the reliability of traditional financial assets with the operational benefits of blockchain technology. ULTRA is being presented as a step toward reshaping the way financial instruments are managed, accessed, and distributed at scale.
