Archax, a digital asset platform regulated in the UK and EU, has announced the integration of BNY Investments’ suite of UCITS-compliant money market and short-term bond funds into its lineup of tokenized real-world assets (RWAs). This development marks another step in bridging traditional finance with blockchain technology, offering investors regulated, on-chain access to high-quality liquidity products.
The newly available funds include offerings under the BNY Mellon Liquidity Funds plc (MLF) and Insight Liquidity Funds plc (ILF) umbrellas.
Specific products encompass ILF GBP Liquidity, ILF EUR Liquidity, ILF GBP Liquidity Plus, ILF EUR Liquidity Plus, BNY Mellon U.S. Treasury, and BNY Mellon U.S. Dollar Liquidity.
These strategies span USD, GBP, and EUR denominations and collectively represent approximately $63 billion in assets under management.
BNY Investments, which oversees more than $2.1 trillion in total assets and brings over 50 years of expertise in liquidity management, serves as the sub-advisor.
Tokenization transforms these established funds by issuing digital tokens that represent beneficial ownership of the underlying units.
This structure preserves the regulatory protections and investment strategies of the original UCITS funds while leveraging DLT / blockchain for operational improvements.
Investors can expect benefits such as accelerated settlement times, improved transparency through distributed ledger records, and enhanced flexibility in portfolio management.
Archax will initially support these tokenized products across multiple blockchains, including Algorand, Aptos, Arbitrum, Canton, Cardano, Ethereum, Etherlink, Hedera, Solana, Stellar, XDC, and XRPL.
Graham Rodford, CEO and co-founder of Archax, highlighted the alignment with BNY Investments: the partnership advances a shared goal of developing a robust, transparent digital asset environment that meets institutional standards.
By combining BNY’s fund management capabilities with Archax’s compliant digital infrastructure, the initiative aims to deliver efficient investment options without compromising on regulation or security.
This move reflects broader industry momentum toward tokenizing traditional assets.
Money market funds, prized for their stability and liquidity, are particularly well-suited for on-chain representation.
Tokenized versions can lower barriers for smaller allocators, streamline cross-border distribution, and potentially open new use cases—such as serving as collateral in decentralized finance protocols or repo arrangements.
Industry professionals have stated that the real value lies not just in technical efficiencies but in expanding access while maintaining familiar, regulated structures.
For Archax, which has positioned itself as a leader in regulated digital securities, this expansion strengthens its platform’s appeal to institutional participants seeking diversified, yield-generating RWAs.
It builds on prior collaborations in the tokenized fund space and underscores growing confidence among asset managers in blockchain’s potential to modernize capital markets.
As tokenization matures and gains mainstream adoption in 2026, partnerships like this between established players such as BNY Investments and innovative platforms like Archax signal a maturing ecosystem. They offer a pathway for traditional liquidity management strategies to evolve, providing investors with the reliability of UCITS-compliant funds and the advantages of digital assets technology.
