According to ChainCatcher, digital securities distribution platform Assetera has reached a strategic cooperation with Archax, a digital securities exchange regulated by the UK Financial Conduct Authority. This cooperation will enable investors from Abrdn in the UK and other global investment companies to invest in 91 tokenized funds.
The Assetera platform will initially provide tokenized access to Abrdn's money market fund, which manages 506 billion pounds (about 662.4 billion US dollars) in assets. It is expected that more funds from asset management companies will join in the future. This move will further promote the development of the digital securities market and provide investors with more diversified investment options.