Archax, a UK-regulated crypto exchange and custodian, said it has added funds from State Street, Fidelity International, and Legal & General Investment Management (LGIM) to the range of tokenized real assets (RWA) it offers.
The company will initially offer tokenised access to certain State Street Global Advisors, Fidelity International and LGIM money market funds, and said other types of funds could be added in the future.
Archax will issue beneficial ownership tokens representing client holdings in these funds. These blockchains will initially be available on Hedera Hashgraph, XRPL and Arbitrum, with others likely to follow.
Archax will offer tokenized money market funds from State Street Securities, Fidelity International and LGIM
2024-11-20 08:06:16
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