BlockBeats news, on July 22, according to CoinDesk, the UK-based digital asset trading platform Archax will acquire the German regulated crypto asset management company Deutsche Digital Assets (DDA), a move that will strengthen its influence in two major financial markets in Europe.
DDA manages approximately 70 million dollars in assets, specializing in distributing cryptocurrency trading platform exchange-traded products (ETP) through a network of European banks and asset management companies.