Archax partners with Assetera to launch 91 tokenized funds in the UK market
2024-10-08 08:13:44
The strategic partnership between Assetera, a digital securities distribution platform, and Archax, a digital securities exchange regulated by the UK Financial Conduct Authority, will enable investors in UK-based Abrdn and other global investment firms to invest in 91 tokenized funds.
The Assetera platform will initially provide tokenized access to the Abrdn Money Market Fund, which manages assets of 506 billion pounds (662.40 billion dollars). Funds from other asset managers are also expected to join.
The Assetera platform will initially provide tokenized access to the Abrdn Money Market Fund, which manages assets of 506 billion pounds (662.40 billion dollars). Funds from other asset managers are also expected to join.
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