An MoU signed in the UAE by First Abu Dhabi Bank and Libre Capital kickstarts a pilot credit line for approved lenders to use RWA tokens as collateral.
Libre has issued about $150 million of tokenized versions of Brevan Howard funds, Hamilton Lane's fixed-income type products, and a BlackRock money-market fund.
First Abu Dhabi Bank has signed a Memorandum of Understanding with Libre Capital, the tokenization specialist backed by Brevan Howard’s WebN Group and Nomura’s Laser Digital, to do blockchain-based collateralized lending using real world asset tokens.has issued about $150 million of tokenized versions of Brevan Howard funds, Hamilton Lane's fixed-income type products, and a BlackRock money-market fund.
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