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Archax collaborates with Assetera to launch 91 tokenized funds in the UK market.

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ForesightNews
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Oct 8, 2024

The digital securities distribution platform Assetera has reached a strategic partnership with the digital securities exchange Archax to provide regulatory access to 91 tokenized funds for investors in the UK and globally. This collaboration aims to address multiple challenges faced by the RWA market, including regulatory uncertainty, limited liquidity, and technological complexity. In its initial phase, the Assetera platform will offer tokenized access to the money market funds managed by Abrdn, which has an asset management scale of £506 billion, with plans to introduce more funds from asset management companies in the future.

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