Friday, March 29, 2024
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Crypto Exchange Archax to Launch a Regulated Platform for Trading Tokenized Assets by Year-End

The London-based company has also tokenized an abrdn market fund in euros, pounds and dollars and has "a pipeline of several hundred million dollars worth of funds coming in to be held in that tokenized money market fund and where people can receive a yield based on the money market

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Bitstamp Joins Gemini and Archax on List of FCA-registered Exchanges

Amid growing concerns about consumer protection, market integrity, and financial crimes, the FCA has increased its scrutiny of the crypto sector. The UK’s Financial Conduct Authority (FCA) has approved Bitstamp’s registration as a crypto asset firm. Following the approval, Bitstamp became only the third firm to obtain the FCA license as

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UK Crypto Exchange Archax Launches FCA-Regulated Custody Service

“Events like FTX have highlighted the need for a more traditional approach to things,” said Archax Chief Marketing Officer Simon Barnby in an interview. “As an FCA-regulated custodian, we are permitted to hold cryptocurrencies, tokenized assets like funds or real estate, as well as traditional instruments and cash for our

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Archax Launches Subsidiary Montis Digital, Appoints Martin Watkins as CEO — CoinDesk

Graham Rodford, CEO of the Archax Group, said that “the potential benefits of using blockchain technology in financial markets are particularly relevant in the post-trade space,’’ adding that “blockchain based post-trade infrastructure can reduce settlement times, remove friction, improve efficiency and lower costs – and our subsidiary Montis Digital is

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UK Financial Watchdog Grants Licenses to Archax and Gemini

The UK’s Financial Conduct Authority has granted operational licenses to two cryptocurrency exchanges operating in the country: digital security exchange Archax and the UK branch of the Winklevoss twins’ Gemini exchange.According to the Financial Conduct Authority (FCA) website, both Archax and Gemini Europe Services are currently registered in the U.K.

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