London, 9am BST, October 3rd, 2024 — Assetera and Archax have launched a groundbreaking strategic partnership to enhance the distribution of tokenised real- world assets across the EU/EEA. This collaboration enables access to digital assets, including Funds and Structured Products, listed on Archax, facilitating both primary sales and secondary market trading on the Assetera platform.
As a highlight of this partnership, tokenised access to money-market funds from abrdn, a global investment company managing GBP 506 billion in assets, will be the first products available on the Assetera platform, with funds from other asset managers planned to follow.
“Tokenisation represents a once-in-a-generation opportunity for the financial services industry, with McKinsey predicting the market could be worth up to $4 trillion by 2030,” said Thomas Labenbacher, Assetera. “It’s vital that institutions can partner with trusted providers with the most robust and reliable technology, which is why we’re delighted to be working with Archax to provide them with this.”
By leveraging their combined expertise, Assetera and Archax create new opportunities for investors and issuers alike, offering an expanded reach and increased liquidity for digital assets. Investors gain straightforward access to a diverse range of digital products, while benefiting from a regulated environment.
This partnership accelerates the tokenisation of real-world assets in the EU/EEA, bridging traditional finance with the growing digitally-native marketplace.
"This collaboration sets a new benchmark for digital asset distribution in the EU/EEA, integrating Archax’s regulated digital infrastructure with Assetera’s regulated DeFi market, further advancing the adoption of tokenised assets in Europe." Nick Donovan, Archax.
About Archax
Archax is the first ever digital securities exchange regulated by the FCA in London. Targeted at institutions, Archax also has its FCA brokerage, custody and crypto permissions.
Founded by experts from traditional capital markets and backed by an accomplished advisory board, Archax offers a credible bridge between the blockchain world and the existing investment space. The Archax team is used to working in highly regulated markets and has a deep understanding of the blockchain landscape and tokenisation too – as well as a vision of how to evolve them and open up digital assets to institutions in a transparent manner.
Archax’s solutions are built using proven, resilient, scalable, high-performance infrastructure, integrated into the existing institutional trading workflow.
About Assetera
Assetera stands as one of the first EU regulated capital markets for investing and trading in tokenised securities. Assetera provides services to retail and institutional investors, and features a DLT system deployed on the Polygon blockchain to enable trading and atomic settlement.
Assetera holds a comprehensive MiFID II license, which includes Portfolio Management and a VASP, supervised by the Austrian Financial Market Authority.
For more information, go to www.assetera.com.
