Assetera is a digital securities distribution tool and Archax is a regulated digital securities market. Together, they can give investors in the UK, the EU, and the European Economic Area access to tokenized real-world assets. This partnership will work to solve a number of problems in the area of tokenized assets, including legal issues, problems with funding, and technical difficulties.
At first, the partnership will offer investors tokenized money-market funds that will be handled by ABRDN, a global investment company with £506 billion in assets. The goal is to make more tokenized funds available, and soon, more funds from other asset managers should be available.
Thomas Labenbacher, CEO of Assetera, stressed how important it was to work with a controlled exchange like Archax to make sure that European financial rules, such as the Markets in Financial Instruments Directive (MiFID II) and the Markets in Crypto-Assets Regulation, were followed. Real-world tokenized assets (RWA) will be able to be traded safely and legally in both main and secondary markets thanks to these systems.
Nick Donovan, Chief Revenue Officer at Archax, said that this relationship was a big step forward for distributing digital assets in Europe. The partnership aims to make more people in the region use tokenized assets by bringing together Archax’s controlled infrastructure and Assetera’s autonomous finance market.
Real estate, art, and standard securities are just some of the tokenized financial products that are already available on the Assetera platform. In the future, the site will also allow these assets to be sent across borders, which will increase liquidity and involve investors more. Assetera has also added blockchain technology. It uses the Polygon network to carry out deals with stablecoins, which makes clearing and payment quick and safe.
Both companies hope that this relationship will make tokenized assets easier to get and sell, giving investors and asset managers across Europe new possibilities.
