In order to add their Liquid Treasury Fund to the platform, Anemoy, a tokenized securities issuer powered by Centrifuge, an on-chain finance platform, has teamed up with Archax.
Centrifuge, Anemoy, and Archax have partnered to increase access to new investment opportunities in the tokenized real-world assets market.
According to a press statement, Anemoy’s liquid treasury fund will enable London-based Archax to provide its consumers with direct access to U.S. Treasury notes.
Short-term Treasury bills are included in the category of liquid funds, which are assets that are simple to convert into cash.
The collaboration aims to use the web3 infrastructure of Anemoy, the increasing real-world traction of Centrifuge, and the distribution channels and venture money of Archax.
The move is meant to make it easier for institutional investors to get exposure to T-bills, hence broadening the investment portfolio of Archax users beyond USDC. Archax handles sub-custodial services as well as compliance via know your customer.
Only a few days after asset management Janus Henderson revealed its relationship with Centrifuge and Anemoy, the asset manager has formed a strategic alliance with Archax, the first regulated digital assets market in the United Kingdom.Â
Centrifuge announced on September 13 that Janus Henderson will be taking over Anemoy’s LTF management with an eye toward a market drawing in significant asset managers and financial advisors.
According to Janus’s head of innovation, Nick Cherney, the decentralized blockchain and RWA markets have the potential to be larger and more disruptive than the exchange-traded fund industry.
Cherney believes that these decentralized blockchain investments could harm exchange-traded funds (ETFs) in the same way that mutual funds were harmed by ETFs.
The global market for tokenized real-world assets has increased to over $12 billion, according to recent RWA.xyz data, with tokenized treasuries making up around $2.2 billion of this total.
