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UK-Based Crypto Exchange Archax Expands to U.S. Tokenized Asset Market With Broker-Dealer Acquisition

Summary by Coin Desk

Archax, a U.K.-regulated crypto exchange and custodian focusing on tokenized assets, has acquired a U.S. broker-dealer in an effort to enter the booming institutional market in the country after recent positive changes on the regulatory environment.Globacap Private Markets Inc, a broker-dealer and alternative trading system (ATS) regulated by FINRA and the Securities and Exchanges Commission (SEC), is being bought by Archax and being renamed to …

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Weatherford Democrat

Lean Left

Archax Establishes US Base with Broker-Dealer

Expands its global regulatory reach beyond UK and EU markets

3 days ago

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Coin Desk

Center

UK-Based Crypto Exchange Archax Expands to U.S. Tokenized Asset Market With Broker-Dealer Acquisition

3 days ago·Manila, Philippines

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Coingape

Archax, UK-Based RWA Exchange, Enters US Market with this Acquisition Deal

Archax, the UK-based RWA Asset exchange, has made its strategic entry into the US markets after the Acquisition of Broker-Dealer firm Globacap. This expansion and acquisition in US markets and particularly, in the hot sector of tokenized assets, comes after its acquisition of Spanish broker king and Shaxon Capital Markets in October 2024 which embarked its presence in the EU. What does Archax’s Acquisition Mean for US Customers? Globacap as the …

2 days ago

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Finance Magnates | Financial and business news

Archax Buys US Broker-Dealer: Can It Be a Dominant Tokenisation Player?

Archax, a UK-regulated crypto exchange and custodian that focuses on tokenised assets, has completed its second acquisition: it bought Globacap Private Markets, a US-based broker-dealer. The deal will enable the UK company to enter the US markets and expand its distribution and reach.Archax Enters the USThe latest acquisition shows Archax’s intention to expand its services beyond the UK. Last October, it finalised a deal to purchase Spanish brok…

2 days ago

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assetservicingtimes.com

Archax expands US presence - Asset Servicing Times

Following the acquisition, the company will be renamed to Archax Markets US, enabling Archax to extend its presence into key markets within the US

2 days ago

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FinanceFeeds

Archax Enters US Via Globacap PMI Acquisition - FinanceFeeds

Archax has acquired Globacap Private Markets Inc., a U.S.-regulated broker-dealer and alternative trading system, as part of its strategy to expand into the American market. The entity will operate under the new name Archax Markets US and serve as the firm’s regulated base in the United States. Globacap PMI is regulated by both the SEC and FINRA, offering primary and secondary trading capabilities in U.S. private markets. Archax said the acquisi…

2 days ago

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