According to Foresight News, Cointelegraph reported that digital securities distribution platform Assetera has reached a strategic cooperation with Archax, a digital securities exchange regulated by the UK Financial Conduct Authority, to provide UK and global investors with regulatory access to 91 tokenized funds. The cooperation aims to address multiple challenges facing the RWA market, including regulatory uncertainty, limited liquidity and technical complexity. Initially, the Assetera platform will provide tokenized access to the money market fund of Abrdn, which manages 506 billion pounds (about 662.4 billion U.S. dollars) of assets, and will introduce more funds from asset management companies in the future.
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Archax and Assetera partner to launch 91 tokenized funds in the UK market
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