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Articlewww.coindesk.comKrisztian Sandor, AI Boost9mo ago

Stellar Development Foundation Invests in Archax, Aiming to Boost Tokenization

The Stellar Development Foundation (SDF) has invested in UK-regulated digital asset platform Archax to advance tokenization of real-world assets (RWAs) on the Stellar blockchain. Archax has integrated Stellar into its tokenization tools and launched a tokenized Aberdeen money market fund on the network. This partnership supports the rapidly growing RWA market, projected to reach trillions by 2030.

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The Stellar Development Foundation announced an investment in Archax, a UK-based digital asset exchange and tokenization firm, to enhance real-world asset (RWA) tokenization using the Stellar blockchain. Archax has already integrated Stellar into its platform and launched the Aberdeen tokenized money market fund on the network. The investment size was not disclosed, but it aligns with the booming RWA sector, which has doubled to $26 billion in the past year and is expected to hit $1 trillion by 2030 according to McKinsey and others. SDF's Raja Chakravorti highlighted Stellar's design for fast settlements, low costs, and RWA tokenization. Archax recently acquired Deutsche Digital Assets to expand in Europe. This move underscores Stellar's push into institutional finance and tokenized traditional assets like bonds and funds.