AAULF, issued by Archax Ltd, is a tokenized money market fund interest that represents an investor's beneficial holding in the abrdn Liquidity Fund (Lux) - US Dollar Fund, a regulated money market fund listed on the Archax platform [S1][S2].

Each AAULF token represents a beneficial ownership interest in the abrdn Liquidity Fund (Lux) - US Dollar Fund, providing the stability and yield characteristics typically associated with money market funds, derived from underlying short-term debt investments including U.S. Treasury bills [S1][S2]. The fund is not a guaranteed investment, principal can fluctuate, and any loss is borne by the investor [S1].

Archax Ltd is registered in England and Wales, company number 11302455, and is authorised and regulated by the UK Financial Conduct Authority (FCA), Firm Reference Number 838656, under the Financial Services and Markets Act 2000 [S3][S4]. The token is a beneficial ownership token issued by Archax representing the holder's interest in the underlying fund [S1][S2]. These tokens are offered to professional and institutional clients only in the jurisdictions in which the fund is registered [S1][S2][S5]. Archax acts as regulated custodian, holding client assets under FCA custody permissions with CASS client asset segregation [S2][S6].

Beneficial ownership tokens for tokenized funds are issued onchain across multiple networks, with the cited set including Ethereum, Polygon, Algorand, Hedera Hashgraph, Etherlink, XRPL, Arbitrum, Solana, Stellar and XDC [S2]. Archax's tokenisation engine mints and burns tokens via smart contracts, enabling near-instantaneous intraday transfer of fund shares alongside traditional subscription and redemption [S7][S1].

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  items={[
    { id: "S1", url: "https://archax.com/insights/archax-increases-tokenised-money-market-fund-offerings" },
    { id: "S2", url: "https://archax.com/insights/federated-hermes-partners-with-archax-to-offer-tokenised-ucits-money-market-funds" },
    { id: "S3", url: "https://archax.com/about-us" },
    { id: "S4", url: "https://archax.com/regulatory-permissions" },
    { id: "S5", url: "https://archax.com/insights/archax-adds-state-street-fidelity-international-lgim-offerings-to-regulated-digital-platform" },
    { id: "S6", url: "https://archax.com/businesses/regulated_exchange" },
    { id: "S7", url: "https://archax.com/businesses/tokenisation" },
  ]}
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Tokenized funds

Archax is an FCA-regulated digital asset exchange, custodian, and broker that tokenizes traditional financial instruments. The platform enables institutional access to tokenized money market funds from BlackRock, Fidelity, and State Street on multiple blockchains.

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Real-world asset (RWA) issuers

Archax

abrdn Liquidity Fund (Lux) - US Dollar Fund (AAULF) is a tokenized fund share issued by Archax through abrdn Liquidity Fund (Lux).

The fund is open-ended, invests in money market instruments, and charges a 0.1% annual management fee.

Professional investors and institutions can subscribe and redeem and same- or next-business-day subscription settlement.

abrdn Liquidity Fund (Lux) is the issuing entity.

AAULF has been issued on public blockchains since February 2025 and is native to XDC Network and Hedera.

abrdn Liquidity Fund (Lux) - US Dollar FundAAULF

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