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 t...
On September 25th, according to CoinDesk, Assetera, a blockchain-based financial instrument investment and trading firm, has leveraged Polygon to power its secondary market real-world asset (RWA) platform. The platform provides tokenized assets such as securities, funds, and money market instruments on regulated digital trading venues. Assetera will use Ethereum extension network Polygon to secure transactions and utilize stablecoins for purchases, clearing, and settlement to ensure a fast and e...