Archax

Lloyds Banking Group (Lloyds), Aberdeen Investments, and Archax have successfully completed a pioneering transaction utilising tokenised real-world assets (RWA) as collateral for foreign exchange (FX) trades. In a UK-first initiative, tokenised units of Aberdeen Investment’s money market fund

abrdn has concluded a deal to become the largest external shareholder in Archax, a UK-regulated digital securities exchange.