First Privacy-Wrapped Tokenised Funds Now Available on Silent Data via Archax

Archax-managed tokenised funds from the world’s leading asset managers go live on Applied Blockchain’s Silent Data, giving institutional investors on-chain access to regulated fund products with full data confidentiality for the first time

London, UK – 19 February, 2026 – Applied Blockchain, the company behind Silent Data, today announced that tokenised money market funds managed by Archax – including funds from Aberdeen, BlackRock, Fidelity International, and State Street – are now available on Silent Data. This makes them the first tokenised fund products to be offered with a privacy wrapper on public blockchain infrastructure.

The launch marks a milestone for tokenised real-world assets. Tokenised money market funds have already been issued across multiple blockchains, but this is the first time they have been deployed with built-in, hardware-enforced privacy. As a result, sensitive balance, transaction, and investor data remains confidential and accessible only to authorised parties.

Silent Data is a high-performance, Turing-complete programmable-privacy Ethereum layer 2 blockchain for institutional use. It processes sensitive data inside trusted execution environments (TEEs) – specialised hardware environments – so balance, transaction, and investor information is not visible to infrastructure operators or other network participants. Unlike solutions limited to confidential transfers, Silent Data supports private smart contract execution, enabling complex fund operations, compliance checks, and access controls to run privately on-chain while retaining the transparency and verifiability of public blockchain infrastructure.

For institutional investors, this addresses a persistent barrier to on-chain adoption: the inability to use public infrastructure without exposing commercially sensitive information. Silent Data removes that constraint, enabling regulated fund products to run on public blockchain infrastructure with the level of data protection expected in traditional finance.

Archax has been a pioneer in tokenising institutional-grade fund products, having issued tokenised interests in money market funds from Aberdeen, BlackRock, Fidelity International, State Street and others across multiple blockchain networks. Bringing these funds to Silent Data adds privacy-enabled public blockchain infrastructure to Archax’s distribution footprint and responds to growing institutional demand for confidentiality.

Adi Ben-Ari, Founder & CEO of Applied Blockchain, said: “This is a landmark moment for tokenised assets. Until now, institutions have had to choose between the benefits of public blockchains and the data confidentiality their operations require. With Silent Data, that trade-off no longer exists. Having tokenised funds from some of the world’s largest asset managers now available with a privacy wrapper demonstrates that regulated, institutional-grade products can operate on-chain with full confidentiality – and that’s a powerful signal for the future of digital finance.”

Graham Rodford, CEO and co-founder of Archax, said: “Archax has been at the forefront of tokenising real-world assets, and privacy has consistently been one of the key requirements raised by institutional clients. Silent Data gives us the ability to offer tokenised fund products with the granular privacy controls that regulated investors demand, without sacrificing the transparency and efficiency that public blockchains provide. This is exactly the kind of infrastructure the industry needs to scale.”

Archax is a regulated digital asset platform based in the UK, EU, US and UAE, and targeted at professionals and institutions globally.

Founded by experts from traditional capital markets, Archax supports all types of digital assets – from unregulated cryptocurrencies through to regulated tokenised real-world assets (RWAs).

Archax also covers the full digital lifecycle from token issuance and fundraising through to trading and custody.

Archax provides the global, regulated on-chain capital markets infrastructure that allows traditional financial markets participants to bridge into the digital/crypto/DeFi space.

For more information, visit www.archax.com or contact media@archax.com.

About Applied Blockchain

Applied Blockchain is a development studio specialising in blockchain and privacy technologies. Founded in London in 2015, the company has delivered over 150 platforms across industries such as finance, supply chain, energy, and healthcare for clients including Shell, Barclays, and the United Nations.

Applied Blockchain is the creator of Silent Data, a high-performance, Turing-complete programmable privacy Layer 2 built on the OP Stack. As the first privacy-enabled L2 to join the Superchain, Silent Data enables tokenisation, DEXs, and enterprise applications with hardware-enforced data protection using TEEs. It is governed by standard Solidity smart contracts without custom cryptography.