This adds crypto ETPs to the UK-based & regulated digital asset exchange, broker and custodian's products.
Decoupling settlement from traditional payment rails can allow collateral to move in real time.
Archax issued & transferred tokenised UK gilts & units of Aberdeen's money market fund.
Blockchain offers enhanced operational efficient and client service.
Tokenization is evolving from experimentation to production in global financial markets.
The UK regulator's ban on retail access to crypto derivatives will remain in place.
The $16 trillion global repo and collateral markets are hindered by fragmented settlement and slow asset mobility.
The UK-based digital asset exchange, broker and custodian recently announced expansion in the EU and US.
CFTC is consulting on perpetual derivatives contracts.
The US SEC and FINRA regulated broker-dealer and ATS will be renamed Archax Markets US.
