Archax Launches Tokenised Pool Tokens on Hedera Network
Archax, a UK-regulated digital asset exchange, is leveraging the Hedera Network to introduce Pool Tokens—a novel approach to institutional investing. These tokens represent multi-asset portfolios packaged as a single, transferable digital asset, blending traditional fund strategies with blockchain efficiency.
The inaugural Pool Token comprises equally weighted holdings in money market funds from Aberdeen, BlackRock, State Street, and Legal & General. This structure mirrors a 'fund of funds' model but capitalizes on blockchain's speed and transparency. Unlike ETFs or mutual funds, Pool Tokens grant investors dual-layer exposure to both underlying assets and the tokenised portfolio, streamlining access to diversified holdings.
Settlement times, a persistent bottleneck in traditional finance, are significantly reduced. The integration of blockchain eliminates paperwork delays, offering institutions a seamless way to manage and trade portfolios on-chain.