Archax enters US market with acquisition of Globacap Private Markets
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Planet Daily News: British digital asset exchange Archax has acquired Globacap Private Markets (regulated by SEC and FINRA), renamed to Archax Markets US, and is entering the US market to provide trading of tokenized stocks and bonds and other RWA. Archax has issued a tokenized government bond fund on the XRP Ledger, attracting $45 million in deposits, and plans to expand to blockchains such as Ethereum, Polygon, and Hedera Hashgraph. The company has also acquired a Spanish brokerage firm in preparation for entering the EU market. (CoinDesk)
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