UK Crypto Exchange Archax to Launch Tokenized Assets Platform by End of 2022
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Archax, a UK-regulated crypto exchange, plans to launch an exchange for tokenized assets like funds and bonds by end of 2022.
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Archax believes future is tokenization of real-world assets and traditional financial instruments moving on-chain.
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New exchange will target professional investors and institutions for regulated tokenized assets.
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Archax has tokenized its stake in abrdn fund in euros, pounds, dollars with pipeline of hundreds of millions worth coming.
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Archax received FCA authorization in 2020 as regulated exchange, broker and custodian for digital and traditional assets.