Archax expands into the US market with acquisition of regulated broker, expanding tokenized asset business

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PANews
3 days ago
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PANews reported on March 31 that, according to CoinDesk, the UK-regulated digital asset exchange Archax acquired the US broker Globacap Private Markets Inc., which is regulated by FINRA and SEC, and renamed it Archax Markets US.

Archax will use its US compliance license to provide tokenized real-world assets (RWA), including stocks and bonds, and expand its business through blockchains such as Ethereum, Polygon, Hedera Hashgraph, and XRP Ledger.

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