Archax, a UK-regulated digital asset exchange, has announced the acquisition of Globacap Private Markets Inc., a U.S.-based broker-dealer regulated by the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC). This strategic move marks Archax’s entry into the U.S. market, allowing the firm to offer tokenized real-world assets (RWAs) to institutional investors.
The acquisition aligns with Archax’s mission to bridge the gap between traditional finance and the digital asset ecosystem. By leveraging Globacap’s regulatory licenses and infrastructure, Archax aims to provide a platform for tokenizing traditional assets such as equities and bonds, thereby enhancing liquidity and accessibility for institutional clients.
Archax’s expansion into the U.S. market reflects the growing interest and adoption of blockchain technology in transforming traditional financial instruments. The firm’s focus on tokenization positions it to capitalize on the increasing demand for digital representations of real-world assets, offering innovative solutions to meet the evolving needs of institutional investors.
The Broker Radar
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