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- Tokenized MG 999 offers gold exposure without vaulting or physical bullion storage

- FundBridge and Libeara provide regulated, gold-linked access for institutional users

- Launch aligns with rising global gold demand and expands real-world asset tokenization

Libeara, a blockchain platform supported by Standard Chartered's SC Ventures, has introduced a tokenized structure that links digital tokens to the spot price of Gold (TVC: $GOLD ). The initiative, developed with FundBridge Capital, seeks to provide institutional and accredited participants with a regulated framework for accessing gold exposure without holding physical metal. The launch adds another entry to the list of real-world asset products that are shifting existing investment models toward blockchain-based infrastructure.

The fund, named MG 999, is intended to replicate the market value of gold through a synthetic mechanism rather than custodial bullion. According to information shared with Nikkei, the structure removes traditional vaulting and logistics costs, while still aiming to maintain accurate price tracking.

FundBridge CEO Sue Lynn Lim said the company concentrated on aligning the fund with established governance standards while incorporating digital mechanisms. She noted that the partnership focused on meeting regulatory expectations typically applied to conventional funds. MG 999 is restricted to institutional and accredited investors and is positioned as an option for professionals seeking price exposure without the operational requirements of physical gold.

Financial Institutions Expand Tokenization Efforts

SC Ventures' involvement in Libeara follows its broader participation in digital-asset services in Asia. The bank also holds majority stakes in Zodia Custody and Zodia Markets, which focus on institutional digital-asset infrastructure. Industry participants have explored tokenization of multiple asset classes, including bonds, funds, and treasuries. MG 999 adds precious metals to that list within a regulated setting.

The tokenized gold fund contains a lending component that channels credit into Singapore's jewelry sector. Mustafa Gold, a local retailer, became the first borrower under the structure. The mechanism allows the company to obtain financing backed by gold jewelry inventory while keeping the items available for commercial display. Mustafa founder Mustaq Ahmad described gold-linked tokens as complex instruments that provide retailers with a way to manage working-capital needs.

Launch Coincides With Rising Global Gold Demand

The rollout arrives during a period of increased gold purchases by central banks, driven by concerns regarding U.S. dollar stability and geopolitical developments. Recent tariff actions by President Donald Trump have also contributed to stronger interest in safe-haven assets.

Standard Chartered recently participated in a separate physically backed gold fund in Singapore, which stores bullion at the Le Freeport vault near Changi Airport.