Archax has acquired Globacap, marking its official entry into the U.S. digital asset market as Archax Markets US. This acquisition enhances Archax's U.S. services and strategically positions the company to cater to the increasing American interest in cryptocurrency.
CEO Graham Rodford emphasized the move’s significance due to a more crypto-friendly U.S. administration. The rebranding allows Archax to directly serve U.S. clients, broadening its regulated investment solutions.
The community response has been mixed, reflecting both optimism about expanded services and concerns regarding regulatory compliance. The acquisition follows a partnership formed in 2019, enhancing Archax's technological capabilities and market transparency.
Full story here: https://coincu.com/329685-archax-acquires-globacap-us-market