Archax to Acquire Deutsche Digital Assets, Expanding Crypto ETP Reach in Europe

Archax to Acquire Deutsche Digital Assets, Expanding Crypto ETP Reach in Europe

UK-based digital asset exchange Archax is set to acquire Deutsche Digital Assets (DDA), a regulated crypto asset manager in Germany, in a move that strengthens its footprint in Europe’s two largest financial markets.DDA manages around $70 million in assets and specializes in crypto exchange-traded products (ETPs) distributed through a network of European banks and asset managers. The deal gives Archax new licenses under Germany’s BaFin, includin…

Archax Expands European Footprint with Acquisition of Deutsche Digital Assets

UK-based digital asset exchange, broker and custodian Archax is set to acquire Germany’s Deutsche Digital Assets (DDA) in a move that further extends its regulated presence across the EU. The deal builds on Archax’s 2023 acquisition of Spanish broker KSCM, supporting its goal to establish a comprehensive regulatory framework for digital assets across the UK...

Archax Acquires Deutsche Digital Assets to Expand EU Presence

Archax acquired Deutsche Digital Assets, gaining $70M AUM and BaFin-regulated licenses. The deal expands Archax’s regulated crypto services into Germany and France’s crypto markets. This marks Archax’s third acquisition as it builds an EU-wide institutional crypto platform. UK digital asset exchange Archax has acquired Deutsche Digital Assets (DDA), a German cryptocurrency asset manager. This transaction expands Archax’s regulatory coverage to m…

Archax to expand EU footprint with Deutsche Digital Assets acquisition

The move extends the exchange’s geographical and regulatory presence in the EU and follows growing traction for digital assets and crypto exchange-traded products in the UK market in recent months.

Archax to Acquire Deutsche Digital Asset - Markets Media

UK based and regulated digital asset exchange, broker and custodian, Archax, is planning to further extend its regulated EU footprint by acquiring Deutsche Digital Assets (DDA), the Germany based digital asset manager. This follows Archax’s acquisition last year of Spanish broker KSCM, which was part of the firm’s continued ambition to establish the EU and UK’s most complete set of digital asset regulated structures, placing the firm in a unique…