Philippines to Launch First Tokenized Treasury Bonds!

The Philippines is set to make history by selling tokenized Treasury bonds for the first time on Monday as part of its mission to expand its domestic debt market. The Bureau of the Treasury has announced plans to offer at least 10 billion pesos (approximately $179 million) of one-year tokenized bonds, replacing a scheduled regular bills auction. Meanwhile, SC Ventures, the innovation and fintech investment wing of Standard Chartered, has introduced Libeara, a revolutionary tokenization platform aimed at democratizing investment by creating more accessible, transparent, and secure markets. The platform will provide the first tokenized Singapore dollar government bond fund for accredited investors.