Nomura's Laser Digital launches institutional Web3 protocol Libre for Brevan Howard fund

WebN Group and Laser Digital have today released the Libre Web3 protocol for institutions based on Polygon technology. Laser Digital is the encryption department of financial services company Nomura Securities, while WebN Group is an incubation center for financial technology and Web3 innovators supported by Laser Digital and Brevan Howard co-founder Alan Howard. According to a statement, Libre uses asset tokenization and smart contracts designed specifically for the issuance and management of alternative investments that comply with regulatory requirements. The protocol is built using the Polygon CDK and can develop dedicated, zero-knowledge driven L2 blockchains on Ethereum. Large institutions Brevan Howard and Hamilton Lane will be the first to use the platform, which is planned to launch in the first quarter.