Archax to launch regulated exchange for tokenized assets this year
Archax, a UK-based cryptocurrency custody service company, plans to launch an exchange for tokenized assets such as funds and bonds by the end of this year. The target audience for the new exchange will be professional investors and institutions. The company also stated that it has tokenized an overseas market fund denominated in euros, pounds, and dollars, which will hold hundreds of millions of dollars in funds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BNB gains despite a wider crypto market downturn as memecoin prices plummet
BNB has posted strong gains despite a broader cryptocurrency market downturn, with major tokens like bitcoin and ether declining alongside a drop in major memecoin prices.This performance comes amid rising inflation, with Wednesday’s U.S. CPI exceeding economist expectations.
'I smell opportunity,' Bitwise CIO says amid retail and institutional crypto sentiment dichotomy
Matt Hougan said retail sentiment in crypto is “terrible” despite “great fundamentals.”In a year or two, the transformation in the market will be “self-evident” and “overwhelming,” he predicted.
Agency: US CPI in January exceeded expectations, risk assets will face uncertainty in the short term
Trending news
MoreCrypto prices
More
