Archax, a digital asset platform regulated across the UK, EU, and US, has announced the launch of a new financial product designed for the Eurozone: €GOVY. This product represents a euro-denominated version of the firm’s existing perpetual tokenised government bill offering.
The announcement took place at Meridian, the annual conference hosted by the Stellar Development Foundation in Lisbon. By utilizing the Stellar network for this launch, Archax continues its expansion into blockchain-based financial instruments.
The move provides market participants with access to tokenised assets denominated in euros, building on the firm’s established framework for perpetual tokenised government securities.
Source: Finextra
Original article: https://www.finextra.com/pressarticle/111481/archax-brings-perpetual-tokenised-government-bill-product-to-eurozone?utm_medium=rssfinextra&utm_source=finextrafeed
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