Libeara Raises $14m in GSR-led Strategic Round to Scale Infrastructure for Regulated Digital Assets
Libeara Raises $14m in GSR-led Strategic Round to Scale Infrastructure for Regulated Digital Assets
GSR is joined by Openspace Capital, Kyobo Life Insurance Group, AlloyX, Kaia Investment Partners, Simsan Ventures, and Monk’s Hill Ventures.
SINGAPORE, 23 June 2026 – Libeara today announced the successful close of a $14m strategic funding round led by global market maker GSR.
The round introduces notable regional distribution and ecosystem partners such as Openspace Capital, Kyobo Life Insurance Group, AlloyX, Monk’s Hill Ventures, Kaia Investment Partners and Simsan Ventures.
The capital will allow Libeara to accelerate its global expansion as a primary provider of tokenisation infrastructure, furthering its goal of enabling financial institutions and asset managers to issue and distribute digital assets seamlessly.
“Bringing in these partners provides us a distinct edge in localising and scaling our infrastructure across diverse markets, making tokenised regulated assets available to more investors globally,” said Aaron Gwak, Founder & CEO of Libeara. “This round assembles exactly the right combination of traditional financial markets, technology, and ecosystem reach to build institutional-grade tokenised markets at scale,” Gwak added.
Openspace Capital, a leading venture capital firm in S.E. Asia, whose portfolio spans early-stage to growth technology companies across Web3 and enterprise software, joins the round with a conviction that tokenised assets represent a core component of next-generation financial markets.
“Libeara has built the institutional-grade rails that serious capital markets demand,” said Shane Chesson, Founding Partner of Openspace Capital. “We believe Libeara is the platform that will set the standard for how tokenised assets scale across Asia and globally.”
“Libeara brings exactly the kind of regulated, institutional-grade tokenisation infrastructure that ecosystems need to mature,” said Chris Shin, Director and Head of Global Strategic Partnerships of Kyobo Life Insurance. “We are exploring the potential for greater convergence between traditional finance and on-chain infrastructure, particularly in markets where such innovation can create meaningful value.”
Kyobo Life Insurance Group has ramped up its focus on the tokenisation of Real World Assets (RWA) and the application of digital assets in many of its affiliate businesses within South Korea.
“Libeara is building the institutional-grade tokenisation infrastructure needed to bring regulated real-world assets into on-chain finance,” said Uno Lee, CEO of Kaia Investment Partners. “We believe the global increase in the adoption of stablecoins will drive demand for savings, yield, and RWA products, and that Libeara is well positioned to support this next phase of digital finance in Asia.”
About Libeara
Libeara is rebuilding capital markets on-chain through its compliance-first approach to the tokenisation of real-world assets. The company is backed by the innovation arm of Standard Chartered, SC Ventures, whose mission is to rewire the DNA of banking. To date, Libeara’s infrastructure has supported the tokenisation of more than US$1 billion in regulated assets — including a top-rated tokenised U.S. Treasury fund and the first tokenised retail money market fund in Asia. With multi-chain interoperability and institutional-grade security and governance, Libeara is scaling access to real-world assets the right way — transparent, regulated, and on-chain.
Visit libeara.com.
About Openspace Capital
Openspace Capital is a multi-strategy asset manager with a long-established specialist focus on Southeast Asia. The firm operates strategies across early-stage, growth stage, private credit, digital assets, and public equities. It is headquartered in Singapore with offices throughout the region. The team comprises investment, corporate and operational specialists. With an extensive portfolio built up over a decade of investing in Southeast Asia, Openspace Capital has made notable fintech investments into companies including Pluang, Abacus Digital, Finnomena, Eunice and HIFI.
About Kyobo Life Insurance Group
Kyobo Life Insurance, founded in 1958, is a cornerstone of South Korea’s financial sector with an extensive portfolio exceeding $100 billion in assets under management (AUM). Renowned for its institutional stability, the group holds a consecutive “A1” rating from Moody’s, supported by a strong financial network that includes Kyobo Securities, Kyobo AXA Investment Managers among others. As part of its future-focused digital transformation strategy, Kyobo has positioned itself at the forefront of next-generation technologies. The group is currently acting as a major catalyst for digital innovation, dynamically working alongside prominent global partners in the Web3 domain to bridge traditional legacy finance with emerging global tech ecosystems.
About Kaia Investment Partners
Kaia Investment Partners (KIP) is a Singapore-based investment firm under the Kaia DLT Foundation. KIP operates as a multi-strategy investment arm spanning real-world assets, venture investments, yield products, and other onchain finance opportunities. By leveraging Kaia’s network, infrastructure, and market access across Asia, KIP aims to develop institutional-grade investment strategies that connect traditional finance with the growing digital finance ecosystem.
About Simsan Ventures
Simsan Ventures is a London-based VC firm investing in early stage tech companies with a focus on Deep Tech and Fintech ranging from pre-seed to series A. Our geographic focus is Europe and Asia with a strong focus on UK, India and South Korea. The main USP of Simsan Ventures is “The First UK VC in South Korea”, which is bridging UK/Europe and South Korea/Asia tech ecosystems.
Media Contact
Libeara
Fred Lai – libeara@headstream.agency
Openspace Capital
Kaia Investment Partners
Kyle Lee – kyle.lee@kaia.io