Assets · Beneficial interest · issued by Archax
abrdn euro money market fund token (Archax, Algorand)New
Algorand Standard Asset tokens issued by Archax from June 2024 representing beneficial ownership of units in abrdn's euro money market fund (about EUR 3.8bn in 2024), which Archax buys and holds in a bankruptcy-remote trust. Transfers are limited to whitelisted wallets; subscriptions, distributions and secondary trades settle in Quantoz's EURD e-money token.
Asset sources[1]
Issued through abrdn Liquidity Fund (Lux) tokens via Archax Live (limited)
Classification · low confidence
- Legal form
- Beneficial interest from issuance terms
- Underlying
- Undisclosed
- Value behaviour
- Undisclosed
- Ledger role
- Native
Token over fund units held in trust by Archax (nominee structure); the fund's holdings and share class (constant or variable NAV) were not given, so underlying and behaviour are undisclosed. No underlyingLinks: the abrdn fund itself is not tracked as a token.
Sourced[1]. How assets are classified: methodology.
Contracts
No contract addresses recorded yet.
Sources
- [1]Archax makes abrdn money market fund accessible and transferable on Algorand blockchain using Quantoz EURD electronic money token — Quantoz, 26 Jun 2024. Accessed 27 Oct 2026.B