Assetera and Archax are collaborating to provide UK and global investors with regulated access to tokenized funds, including real-world and digital assets.
A strategic partnership between digital securities distribution platform Assetera and Financial Conduct Authority-regulated digital securities exchange Archax will allow investors in United Kingdom-based Abrdn and other global investment companies access to 91 tokenized funds.
The Archax-Assetera partnership aims to address several challenges within the tokenized real-world asset (RWA) market, including regulatory uncertainty, limited liquidity and technological complexities.
The Assetera platform will initially provide tokenized access to money-market funds from Abrdn, which manages 506 billion British pounds ($662.4 billion) in assets. Funds from other asset managers are expected to follow.
Speaking to Cointelegraph, an Assetera spokesperson highlighted Archax’s status as a UK-regulated digital asset exchange and Assetera’s regulatory compliance in Europe with the Markets in Financial Instruments Directive 2014 and the Markets in Crypto-Assets Regulation. These regulatory frameworks aim to support regulated RWA trading.
