Asset managers Brevan Howard and Hamilton Lane will be the first to tokenise assets on the Libre protocol, a provider of Web3 infrastructure developed by Brevan Howard's WebN and Nomura's Laser Digital.

Libre will launch in the first quarter of 2024 and provide asset tokenisation and smart contracts via the Polygon network.

Additional features of the protocol include supporting collateralised lending and automated rebalancing of separately managed accounts.

Brevan Howard and Hamilton Lane are entering a strategic partnership with Libre as they believe tokenization could transform how investments are managed and traded.