Odaily News British digital asset exchange Archax acquired Globacap Private Markets (regulated by the SEC and FINRA), changed its name to Archax Markets US, entered the US market, and provided RWA trading such as tokenized stocks and bonds.
Archax has issued a tokenized treasury bond fund on 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)