RWA, XLM News: Stellar Development Foundation Invests in Archax to Boost Tokenization

RWA, XLM News: Stellar Development Foundation Invests in Archax to Boost Tokenization

The UK-regulated digital asset platform has integrated Stellar into its tokenization tool and launched the Aberdeen tokenized money market fund on the network.

UK digital asset exchange Archax secures Stellar investment

Archax, the UK regulated digital asset exchange, broker and custodian, has formed a strategic partnership with the Stellar Development Foundation (SDF), which supports the Stellar blockchain network. As part of the deal, Stellar has made a direct investment into Archax Group. Archax operates as a regulated digital exchange with a focus on tokenisation and custody, offering institutions the infrastructure to bridge into blockchain-based financial…

Stellar Development Foundation Invests in Archax to Accelerate RWA Tokenization

Key highlights: Stellar Development Foundation has made a strategic investment in UK-based Archax to bolster the growth of tokenized real-world assets (RWAs). Archax has integrated the Stellar blockchain into its tokenization platform and aims to bring more institutional-grade assets onchain. The deal builds on a growing trend of collaboration between blockchain firms and traditional finance, including Archax’s previous partnership with Ripple…

Stellar Invests in UK-Based Archax to Expand Participation in the Tokenized RWA Space – #CryptoUpdatesGNIT

Stellar, the cryptocurrency project, has announced a strategic investment in Archax, a UK-based exchange and custodian that caters to institutional customers. The partnership secures the use of Stellar in RWA tokenization processes and aims to establish a foothold in Europe for the project’s activities. Stellar Partners With Archax Targeting RWA Tokenization Tokienization of real-world assets […] Source link The post Stellar Invests in UK-Based …

Stellar Invests in UK-Based Archax to Expand Participation in the Tokenized RWA Space – Crypto News Bitcoin News

Stellar, the cryptocurrency project, has announced a strategic investment in Archax, a UK-based exchange and custodian that caters to institutional customers. The partnership secures the use of Stellar in RWA tokenization processes and aims to establish a foothold in Europe for the project’s activities. Stellar Partners With Archax Targeting RWA Tokenization Tokienization of real-world assets […]

Stellar poised for rebound with Paxos PYUSD nod, Archax collaboration

Stellar (XLM) extends the declining trend for the fourth consecutive day on Tuesday, approaching the 50-day Exponential Moving Average (EMA) support at $0.3936.