Integration of ULTRA, a tokenized U.S. Treasury fund, onto Arbitrum advances institutional-grade real-world asset infrastructure.
Singapore – July 30, 2025 – FundBridge Capital and Libeara announced today the deployment of infrastructure support for ULTRA to operate on the Arbitrum network.
ULTRA is a tokenized U.S. Treasury strategy managed by FundBridge Capital, a fund manager regulated by the Monetary Authority of Singapore (MAS), and sub-managed by Wellington Management. Libeara, an asset tokenization platform incubated by SC Ventures by Standard Chartered, provides the smart contract infrastructure underpinning the fund’s compliant on-chain operations.
Arbitrum’s architecture enables real-world assets (RWAs) like ULTRA to operate securely and efficiently on-chain, meeting the technical standards and compliance expectations of institutional allocators and regulated financial institutions.
“Arbitrum is designed to support scalable and secure applications at the intersection of DeFi and TradFi,” said Ryan De Souza, APAC Partnerships Lead for Offchain Labs, the initial contributors to the Arbitrum blockchain. “By enabling regulated products like ULTRA to operate on-chain, we are helping build the infrastructure for the next generation of programmable capital markets.”
As part of this initiative, full-stack tokenization platform Theo will launch thBILL, a tokenized short-term Money Market product providing indirect exposure to U.S. Treasury strategy onchain. Designed as an institutional-grade infrastructure layer, thBILL enables onchain mechanisms that support trading liquidity and efficient lending for tokenized real-world assets. thBILL is expected to be available on Arbitrum through decentralized exchanges (DEXes) such as Camelot and Ramses. This follows a strategic collaboration between Libeara, Theo, and FundBridge—supported by Wellington Management—focused on developing compliant infrastructure to support the on-chain distribution of real-world assets.
Arbitrum’s infrastructure can support the deployment of institutional-grade tokenized funds, and the network’s robust performance, composability, and smart contract capabilities make it a suitable foundation for such applications.
“We see Arbitrum as critical infrastructure for the next wave of financial innovation,” said Aaron Gwak, CEO of Libeara. “By enabling regulated products like ULTRA to operate securely and in a compliant manner on-chain, Arbitrum is contributing to the evolution of global capital markets infrastructure.”
“The deployment of ULTRA onto Arbitrum reflects ongoing efforts to build regulated infrastructure that accommodates institutional digital asset strategies—while maintaining the regulatory oversight and operational integrity required by today’s institutional-grade governance standards,” said Sue Lynn Lim, CEO of FundBridge Capital.
Libeara’s role in the deployment includes managing FundBridge Capital’s tokenization infrastructure—supporting secure wallet integrations, compliant onboarding flows, and interoperability features designed for institutional platforms. As the MAS-regulated fund manager, FundBridge Capital oversees the fund’s structure, regulatory compliance and governance. This includes working alongside Wellington Management to ensure the fund operates in accordance with its investment mandate and overseeing fund administration services. This launch reflects a broader shift toward the use of programmable blockchain infrastructure to support regulated financial products in a secure, compliant, and transparent manner.
About Libeara
Libeara is an SC Ventures-incubated tokenization platform built to create more accessible, transparent, and secure markets. A portmanteau of Liberty and Aerarium (the first retail US Treasuries and the Roman Treasury, respectively), Libeara is a road-tested asset tokenization platform that seeks to introduce a new approach to investing through technology and innovation. As finalists in the Monetary Authority of Singapore’s (MAS) Global Retail CBDC Challenge, and as the team behind digital platform prototypes used by the Hong Kong government, Ghana, and the Philippines, Libeara is ready to help organizations create, issue, and manage real-world assets on-chain.
For more information, visit https://libeara.com
About SC Ventures
SC Ventures builds and invests in breakthrough ventures in and beyond banking. SC Ventures by Standard Chartered provides a platform for organisations to collaborate and co-create fintech ecosystems to reimagine the future of finance.
For more information, please visit www.scventures.io and follow SC Ventures on LinkedIn.
About Wellington Management
Wellington Management is one of the world’s largest independent investment management firms, serving as a trusted adviser to over 2,500 clients in more than 60 countries. The firm manages more than US$1.3 trillion, as of 31 December 2024, for pensions, endowments and foundations, insurers, family offices, fund sponsors, global wealth managers, and other clients. Wellington aspires to provide excellent service to clients through a unique combination of independence enabled by its distinctive private partnership model, diverse perspectives through its unified, multi-asset investment platform, and relentless curiosity and intellectual rigor fostered by its enduring collaborative culture.
For more information, visit https://wellington.com
About FundBridge Capital
FundBridge Capital connects capital sources with investment opportunities, acting as a trusted partner in the financial landscape. Established in 2017 and regulated by the Monetary Authority of Singapore, the firm specializes in launching and managing regulated funds for high-net-worth individuals and institutions. FundBridge Capital’s expertise spans Investment Banking, Wealth Management, and Private Wealth, with a focus on delivering robust fund management solutions and compliance support. The firm empowers fund managers with efficient, cost-effective platforms, leveraging its deep network across the Asia-Pacific region.
For more information, visit https://fundbridge.sg
About Arbitrum
Arbitrum is a customizable, interoperable set of solutions designed to bring businesses and people onchain. Its flagship blockchain, Arbitrum One, a leading Ethereum Layer-2 scaling solution initially developed by Offchain Labs, offers ultra-fast, low-cost transactions with security derived from Ethereum through Optimistic Rollup technology. Additional technologies like Orbit, which enables the development of customizable, interconnected chains leveraging the Arbitrum technology, and Stylus, supporting Rust and C++, push Arbitrum to the forefront of pioneering innovation in blockchain development.
About Theo
Theo is an institutional-grade gateway connecting on-chain capital to global markets. Built by a team of ex-traders from industry-leading market makers and hedge funds, Theo prioritizes security, resiliency, and performance in the mission of enabling access to high-quality financial products.
Learn more at theo.xyz
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