The UK-regulated crypto exchange and custodian Archax has announced the addition of funds from State Street, Fidelity International, and Legal & General Investment Management (LGIM) to its range of tokenized real-world assets (RWA). The company will initially provide tokenized access to certain State Street Global Advisors, Fidelity International, and LGIM money market funds. The company stated that other types of funds may also be added in the future. Archax will issue beneficial ownership tokens representing clients' holdings in these funds. These tokens will initially be available on Hedera Hashgraph, XRPL, and Arbitrum, with other blockchains likely to follow soon.
