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Project Overview
Archax is the UK's first digital securities exchange, brokerage, and custodian licensed by the FCA. It allows institutional investors to custody and trade a variety of digital assets, such as digital securities and cryptocurrencies, as well as traditional securities. It is also developing a range of regulated crypto exchange-traded products (ETPs).
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XRPL Plans to Introduce Privacy Transfer Feature, Targeting Tokenized Asset Market of Over $530 Million
Odaily News: The latest software version 3.3.0 of XRP Ledger (XRPL) introduces several upgrade proposals, including Confidential Transfers. This feature is designed for institutional users, supporting encrypted token balances and transfer amounts while preserving the visibility of accounts and token types. It is primarily applied to Multi-Purpose Tokens (MPT) on XRPL, including tokenized financial assets such as funds and bonds. Through cryptographic technologies like zero-knowledge proofs, the network can verify transaction validity without disclosing specific amounts. XRPL currently holds approximately $1.38 billion in on-chain real-world assets (RWA), including about $845.7 million in RLUSD. In addition to RLUSD, there are over $530 million in tokenized assets on XRPL, involving issuers such as Ondo, VERT Capital, Archax, and Societe Generale. XRPL 3.3.0 also includes five proposals—Batch, Sponsor, Permission Delegation, and Dynamic MPT—addressing institutional needs such as batch transactions, fee sponsorship, permission management, and dynamic adjustments to token attributes. The aforementioned upgrades have not yet been officially launched and will only be activated after receiving support from more than 80% of XRPL's trusted validator nodes for two consecutive weeks.
Goldman Sachs Launches Tokenized Real Estate Fund in Partnership with Apex and Archax
Goldman Sachs has partnered with fund services giant Apex Group and digital asset exchange Archax to launch a tokenized real estate fund. The fund combines blockchain-native issuance with an established fund structure, with its fund shares tokenized using Goldman Sachs' blockchain platform, GS DAP. Infrastructure provider Ownera and real estate investment management firm LRC Group also participated in the fund's launch.LRC Group serves as the fund's manager, Archax acts as the custodian and first distribution partner, while Ownera is responsible for connecting participants with distribution channels. Apex Group provides alternative investment fund manager services through Fundrock LIS and asset management and custody services via Apex Fund Services Luxembourg. (coindesk)