Centrifuge and Anemoy partner with Archax to list liquid treasury token

09/17/2024 19:41
Centrifuge and Anemoy partner with Archax to list liquid treasury token

web3 native asset manager Anemoy, powered by Centrifuge, has partnered with U.K-regulated Archax to bring the Liquid Treasury Fund to Archax's users

Centrifuge and Anemoy partner with Archax to list liquid treasury token

Anemoy, a tokenized securities issuer powered by on-chain finance platform Centrifuge, has partnered with Archax to bring their Liquid Treasury Fund to the platform.

Centrifuge, Anemoy and Archax are partnering to expand access to new investment opportunities in the tokenized real-world assets market.

Per a press release shared with crypto.news, the partnership will allow London-based Archax to offer its users direct access to the U.S. Treasury bills via Anemoy’s liquid treasury fund.

Liquid funds relate to investments that one can easily liquidate for cash, and includes short-term treasury bills. 

The partnership looks to tap into Anemoy’s web3 infrastructure, Centrifuge’s growing traction in the real-world assets, and Archax’s distribution channels and venture capital.

With Archax handling sub-custodial services as well as compliance via know your customer, the move is intended to make it easier for institutional investors to gain exposure to T-bills, thereby expanding Archax users’ investment portfolio beyond USDC (USDC).

The strategic partnership with Archax, which is the first regulated digital assets exchange in the U.K., comes days after asset manager Janus Henderson announced its collaboration with Centrifuge and Anemoy.

On Sept. 13, Centrifuge revealed that Janus Henderson was taking over the management of Anemoy’s LTF, with the firms’ eyeing a market that is attracting major financial advisors and asset managers.

Nick Cherney, the head of innovation at Janus, said that the decentralized blockchain and the RWA market could be bigger and potentially more disruptive that the exchange-traded funds space.

According to Cherney, there’s possibility that these investments around decentralized blockchain will do to ETFs what the exchange-traded funds did to mutual funds.

Recent RWA.xyz data shows the global tokenized real-world assets market has grown to over $12 billion, with tokenized treasuries accounting for about $2.2 billion.

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