Abrdn has bought a stake in digital assets exchange Archax.
The asset manager has concluded a deal to become the largest external shareholder. However, the sum of the stake remains undisclosed.
This is part of abrdn’s push to meet the demand of crypto assets and enter the digital asset market.
Archax was founded in 2018 and is the first digital securities exchange regulated by the FCA in London. It aims to provide access to blockchain-based digital assets for...
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