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Archax Launches Tokenized Money Market Funds with Major Financial Giants

TheNewsCrypto LogoTheNewsCrypto13h ago

Archax Launches Tokenized Money Market Funds with Major Financial Giants - TheNewsCrypto

Quick Summary:

Archax, a UK-regulated cryptocurrency exchange and custodian, is venturing into the tokenization of real-world assets (RWAs).

Today, the platform announced plans to offer tokenized money market funds from three global financial giants—State Street, Fidelity International, and Legal & General Investment Management (LGIM).

As tokenization of RWAs continues to gain traction, Archax may be in a favorable position to contribute to the future of digital asset investment.


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Article Details

Author / Journalist: Sarala

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 12:50:05 (13 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 176 words

Reading Time: 1 minutes read

Sentences: 17 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23721955

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About TheNewsCrypto

TheNewsCrypto Logo

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 22 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 14 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

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The story "Archax Launches Tokenized Money Market Funds with Major Financial Giants" was covered 13 hours ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

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TheNewsCrypto is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in United Arab Emirates and publishes an average of 22 news stories per day.

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  • URL: https://beamstart.com/news/archax-launches-tokenized-money-market-17321189618

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