Archax Acquires Globacap Private Markets
British digital asset exchange Archax has acquired Globacap Private Markets (regulated by the SEC and FINRA), renamed as Archax Markets US, and entered the US market, offering tokenized stocks and bonds and other RWA transactions.
Archax has already issued tokenized national debt funds on the XRP Ledger, attracting $45 million in deposits, and plans to expand to Ethereum, Polygon, Hedera Hashgraph, and other blockchains. The company has also acquired a brokerage firm in Spain, preparing to enter the EU market.
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