NEAR Investors Hope New Projects Will Help Coin Rebound From 21% Loss

Quick Summary:

As of writing, users have access to Hamilton Lane’s credit Fund, Brevan Howard’s Master Fund, and Blackrock’s ICS Money Market Fund, bridging the gap between crypto and the traditional finance space.  According to Sehra, the launch of Libre on NEAR is "a crucial step towards our multichain wealth strategy” which hints at future support for more blockchains other than NEAR.

According to Libre Capital Founder and CEO Avtar Sehra, Libre surpassed the $100 million asset under management mark, cementing the firm as one of the fastest-rising crypto asset management companies on the market.  Libre has achieved many milestones since our MVP launch four months ago, surpassing our $100 million aum target and expanding to multiple chains.

One of the most notable developments on NEAR is Libre Capital offering tokenized real-world assets (RWAs) on chain, bringing institutional interest to the platform  RWAs Create Buzz For The Protocol Libre Capital is a new crypto asset management firm supported by market giants like Brevan Howard, Hamilton Lane, and Nomura’s Laser Digital.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: United KingdomCanadaSouth KoreaPhilippines

Topics: Crypto NEAR protocol Altcoins Cryptocurrency Market News NEAR

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-03 @ 13:30:12 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 459 words

Reading Time: 3 minutes read

Sentences: 73 lines

Sentence Length: 7 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 22349154

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