News with the tag "Archax"

Enterprise-grade Layer-1 blockchain XDC Network has partnered with Archax, one of the FCA-regulated digital asset exchanges. Together, they launched four major Money Market Fund (MMF) tokens, tapping into the growing demand for more investment vehicles amongst institutional investors. Institutional ...

Key Takeaways: XDC Network and Archax have launched tokenized versions of four major money market funds (MMFs) managed by abrdn, Fidelity International, BlackRock, and State Street. The initiative offers institutional investors secure and compliant access to quality yield-generating assets. The toke...

In a move that underscores the growing convergence of traditional finance and the burgeoning digital asset space, the HBAR Foundation has announced a significant investment. This isn’t just another headline; it’s a strategic injection into Archax, a U.K.-regulated crypto exchange and custodian, spec...

To kick things off, Ripple’s XRP Ledge will tokenize asset manager asset manager abrdn’s $4.77 billion US dollar Liquidity Fund.

Ripple Labs has introduced the first tokenized money market fund on the XRP Ledger (XRPL). The initiative, in partnership with Archax and UK-based asset manager abrdn, signifies a notable advancement in the tokenization of real-world assets (RWA) and the expansion of institutional decentralized fina...

Archax has introduced a tokenized version of a money market fund offered by abrdn on the XRP Ledger (XRPL). The development came through a collaboration with Ripple. In a recent press release, the blockchain technology provider shared that the fund consists of abrdn’s $3.8 billion Liquidity Fund (Lu...

Archax announced that it was expanding its tokenized RWA offerings to include industry leaders State Street, Fidelity, and LGIM money-market funds. The tokenized funds will be offered through beneficial ownership tokens that Archax will mint and offer. Archax hinted that they were likely to expand a...

Archax, a regulated digital securities exchange based in London, has announced the launch of tokenized money market funds, marking a groundbreaking move in the digital asset space. The offering includes funds from financial heavyweights such as State Street, Fidelity Investments, and Legal & General...

The tokenized assets will initially be made available on Hedera Hashgraph, XRPL and Arbitrum.

Bitget’s app relaunch in the UK comes a few months after the exchange restricted its website in the UK in accordance with the Financial Promotions regime in May 2024.