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Avtar Sehra
Speaker · Proof of Talk 2026
STBL

Avtar Sehra

Co-Founder & CEO, STBL

Avtar Sehra has built financial infrastructure spanning automated securities issuance, tokenised institutional funds and real-world-asset-backed stablecoins.

The Significance

Why the room needs them.

Sehra brings documented experience across FCA sandbox testing, LSEG’s digitisation of primary debt-market workflows, institutional fund tokenisation and stablecoin protocol design.

The Numbers
c.US$7bn
Equivalent value of LSEG’s 2021 multi-currency issuance in which LSEG Flow was used for key transaction steps
9
Tranches in that LSEG issuance
120+
Blockchain networks supported by LayerZero when Libre announced the integration in April 2025
The Timeline

Years of shipping.

2016
The FCA announced Nivaura as a member of its first regulatory-sandbox cohort on 7 November 2016, describing a platform using automation and blockchain for the issuance and lifecycle management of private-placement securities.
2017
The FCA announced Nivaura as a member of its second regulatory-sandbox cohort on 15 June 2017, focused on automating the primary issuance and administration of financial assets.
2021
London Stock Exchange reported on 15 April 2021 that LSEG Flow, developed with Nivaura, was used for key steps in an approximately US$7 billion-equivalent, nine-tranche, multi-currency LSEG issuance.
2024
Libre Capital launched publicly on 10 February 2024 as alternative-investment infrastructure, with Sehra identified as CEO and founder.
2025
Libre announced its LayerZero integration on 3 April 2025 and announced the rebrand from Libre Capital to KAIO on 30 July 2025.
2026
Sehra appeared at Proof of Talk 2026 in Paris on 2 June as Co-Founder and CEO of STBL.
In Their Words

Lines that keep proving correct.

Our collaboration with Injective isn’t just about bringing institutional funds on-chain; it’s about redefining access and utility to capital markets products through Web3-native infrastructure. The ability to access, trade, and utilize these institutional assets within DeFi represents a paradigm shift in global finance.

KAIO, 4 March 2025

The integration of LayerZero’s infrastructure is a pivotal step in our mission to bring institutional assets fully on-chain. By leveraging LayerZero’s messaging capabilities and OFT standard, we are ensuring that institutional capital can move across chains seamlessly, securely, and in full compliance with regulatory standards.

KAIO, 3 April 2025
The Body of Work

What they have built, written, and backed.

Built

  • NivauraInfrastructure for automating the issuance and administration of financial instruments, accepted into the FCA’s first two regulatory-sandbox cohorts and used in the development of LSEG Flow.
  • Libre Capital / KAIOInfrastructure for issuing, distributing and managing regulated tokenised investment funds. Libre Capital announced its rebrand to KAIO in July 2025.
  • STBLStablecoin protocol infrastructure separating real-world-asset-backed principal from the associated yield component.

The next Proof of Talk is in Abu Dhabi.

Louvre Abu Dhabi, 3–4 December 2026. Admission is by application, and the room is capped at 2,000.

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