According to TechFlow, on October 8, 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 (FCA), to provide UK and global investors with regulatory access to 91 tokenized funds covering physical and digital assets.
The collaboration aims to address several challenges facing the tokenized real asset (RWA) market, including regulatory uncertainty, limited liquidity, and technical complexity. The Assetera platform will initially provide tokenized access to Abrdn’s money market funds, which manage £506 billion (US$662.4 billion) in assets, with additional asset managers’ funds to be added in the future.
Thomas Labenbacher, CEO and founder of Assetera, said Archax’s status as a regulated digital asset exchange in the UK, and Assetera’s regulatory compliance in Europe with the (Markets in Financial Instruments Directive 2014) and (Markets in Crypto-Assets Regulation), will help support regulated RWA trading.
