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

ChainCatcher news, the strategic partnership between the digital securities distribution platform Assetera and the digital securities exchange Archax, regulated by the UK's Financial Conduct Authority, will enable investors from UK 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 £506 billion ($662 billion) in assets. Other asset management companies' funds are expected to join in succession.