Archax Extends Reach with US Broker-Dealer Acquisition

Archax, regulated by the UK FCA, has acquired Globacap Private Markets Inc., a US SEC and FINRA-regulated entity, now to be renamed Archax Markets US. This strategic move enhances Archax's distribution capabilities in the US, expanding its presence beyond the UK and EU markets, following a similar acquisition in Spain. Graham Rodford, CEO, emphasizes this as part of Archax's strategy to transition institutional participants from traditional to digital assets in a regulated environment.

Globacap PMI operates in the US private markets, offering both primary and secondary securities transactions. Through this acquisition, Archax plans to utilize these capabilities to introduce their core real-world asset products to the US market. Archax already provides trading services for both digital and traditional assets, including tokenized funds, corporate bonds, and carbon credits, aiming to soon add US instruments to its portfolio.