UK-based crypto exchange Archax is broadening its operations into the U.S. market by acquiring a FINRA-regulated broker-dealer. This strategic acquisition aims to facilitate the trading of tokenized assets on its platform, thereby enhancing Archax's offerings in the growing U.S. tokenized assets market. The move aligns with the increasing global interest in tokenization and digital assets, positioning Archax to cater to institutional investors in the U.S. Furthermore, this expansion may help Archax leverage regulatory compliance, a crucial element for success in the competitive U.S. financial landscape. The acquisition is expected to be finalized within the year, subject to regulatory approvals.
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