New: Archax has established a strategic partnership with the #stellar Development Foundation. Following this partnership, there was an investment from Stellar worth $XLM
XLM
0.242
0.00%
in the Archax group to support tokenization efforts.
Archax has also tokenized the Aberdeen money market fund on the Stellar network, demonstrating the capabilities of #XLM in modeling weighted assets (#RAW ) alongside its peers.
As you know, Archax recently collaborated with $HBAR
HBAR
0.13492
-0.53%
and Lloyds Bank and Aberdeen to tokenize UK government bonds and exchange-traded funds. We expect similar efforts from Stellar soon.