TradFi Tokenization Spurs Abrdn, Archax to Put Money-Market Fund on Shared Ledgers

Clients have to be onboarded, wallets have to be whitelisted, and the token is available only to professional investors, Simon Barnby, Archax’s chief marketing officer, said in an interview. But the tokenized tranche of the abrdn fund is available for as little as $5,000, potentially opening up the product to a new channel of investors.