Archax Launches Hedera-Powered Pool Tokens for Multi-Asset Portfolios

Archax, a UK-regulated digital asset exchange, has introduced Pool Token functionality on the Hedera Network, marking a significant advancement in tokenization. This innovation enables the creation of multi-asset portfolios represented as single transferable tokens, streamlining institutional investment strategies.

The inaugural Pool Token comprises evenly weighted holdings in money market funds from Aberdeen, BlackRock, State Street, and Legal & General. This structure mirrors a digital 'fund of funds,' leveraging blockchain for instant settlement and enhanced collateral utility.

CEO Graham Rodford emphasized the unprecedented flexibility this brings to on-chain portfolio construction. The development signals growing institutional adoption of tokenized assets, though the announcement did not specify direct cryptocurrency integrations.