ARCHAX British crypto -tank has attracted $ 28.5 million

ARCHAX British crypto -tank has attracted $ 28.5 million

The Licensed British Exchange Archax attracted $ 28.5 million following the round of financing of series A.

We are Proud to announce Closing Our Series A Round Having Raise $ 28.5m, led by @abrdn_plc.

Among the participants: Bitrock Capital, Blockchain Coinvestors and Tezos Foundation. The round was headed by the investment company ABRDN. The latter manages assets worth $ 619 billion and is the largest shareholder of the adjustable exchange.

Archax provides institutional investors with the opportunity to store and trade various digital assets and securities.

In October 2020, the startup closed the sowing round of $ 8 million. Currently, developers are focused on expanding the spectrum of regulated exchange products.

Recall that in August the British regulator approved more stringent rules to combat an misleading advertising related to high -risk investment products.

In October, the House of Commons supported legislative changes, which include digital assets in the sphere of regulated financial services.

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