Anemoy, the tokenized securities issuer backed 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.
According to a press release shared with Crypto.news, the partnership will allow London-based Archax to provide its users with direct access to U.S. Treasury bonds through Anemoy’s liquid treasury fund.
Liquid funds refer to investments that can be easily converted into cash and include short-term treasury bills.
This partnership aims to leverage Anemoy’s web3 infrastructure, Centrifuge’s growing traction in real-world assets, and Archax’s distribution channels and venture capital.
With Archax taking on sub-custodial services as well as know-your-customer compliance, the move aims to enable institutional investors to more easily invest in treasuries, thereby expanding Archax users’ investment portfolio beyond USDC (USDC).
The strategic partnership with Archax, the UK’s first regulated digital asset exchange, comes just days after asset manager Janus Henderson announced collaborations with Centrifuge and Anemoy.
Centrifuge announced on September 13 that Janus Henderson had taken over the management of Anemoy’s LTF, with the companies eyeing a market that has attracted large financial advisors and asset managers.
Nick Cherney, head of innovation at Janus, said the decentralized blockchain and RWA market could be larger and potentially more disruptive than the exchange-traded funds space.
According to Cherney, these investments around decentralized blockchain have the potential to have the same impact on ETFs as exchange-traded funds have on mutual funds.
According to the latest data from RWA.xyz, the global tokenized real-world assets market has grown to over $12 billion, with tokenized treasury bonds accounting for around $2.2 billion of this.