Odaily News Archax, a UK-compliant cryptocurrency exchange and crypto custody services company, said it plans to offer an exchange for tokenized assets such as funds and bonds by the end of this year. The new exchanges target audience will be professional investors and institutions. Archax also said it has tokenized an overseas market fund denominated in euros, pounds and dollars, which will hold hundreds of millions of dollars. It is reported that Archax is a digital asset exchange licensed by the British FCA, allowing institutional investors to custody and trade various digital assets as well as traditional securities. (CoinDesk) It was reported in November last year that Archax completed a $28.5 million Series A financing, led by the investment institution Abrdn, with participation from Bitrock Capital, Blockchain Coinvestors, Tezos Foundation, etc.