Archax and Assetera to offer 91 tokenised funds in UK

Archax, a UK-regulated digital securities exchange, has partnered with Assetera, a digital securities distribution platform, to provide investors in the UK and globally with access to tokenised funds. 

This collaboration aims to address key challenges in the tokenised real-world asset (RWA) market, including regulatory uncertainties, liquidity issues, and technological complexities. 

According to the partnership, Assetera will initially offer tokenised access to money-market funds from Abrdn, which manages approximately £506 billion ($662.4 billion) in assets. 

Additional funds from other asset managers are expected to follow. 

Investors will have the ability to trade digital assets listed on Archax through the Assetera platform, which will facilitate both primary sales and secondary market trading of tokenised funds and structured products. 

Thomas Labenbacher, CEO and founder of Assetera, emphasised the importance of regulatory compliance, stating that Archax’s status as a UK-regulated digital asset exchange, alongside Assetera’s adherence to the Markets in Financial Instruments Directive (MiFID) and the Markets in Crypto-Assets Regulation (MiCA), ensures that tokenised real-world assets will be traded in a compliant and secure manner. 

“This collaboration sets a new benchmark for digital asset distribution in the European Union and the European Economic Area,” said Nick Donovan, Chief Revenue Officer at Archax. 

He added that integrating Archax’s regulated digital infrastructure with Assetera’s decentralised finance market will further promote the adoption of tokenised assets across Europe. 

Labenbacher also highlighted the importance of proper distribution to meet Europe’s increasing demand for liquidity, stating that "proper distribution ensures that the assets are accessible, compliant, and known to a large enough audience, setting the stage for a liquid market to emerge." 

Assetera currently lists various tokenised financial instruments, including securities, fund units, and derivatives, and plans to deploy smart contracts on the Polygon blockchain to enable cross-border distribution, improving efficiency and security in trading tokenised assets.