Archax operates as a regulated digital asset exchange, brokerage, and custodian in London, facilitating the trading and safeguarding of cryptocurrencies and tokenized assets. By providing a secure platform backed by institutional-grade custody solutions, Archax addresses the need for compliant and reliable access to the growing digital asset market.
Funding
$53M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
AFounders
Product
Problem
The digital asset market lacks regulated and secure platforms for trading and custody, hindering institutional adoption and exposing users to counterparty and security risks. Existing cryptocurrency exchanges may not adhere to traditional financial regulations, creating uncertainty and limiting access for institutional investors.
Solution
Archax provides a regulated digital asset exchange, brokerage, and custody service, offering a secure and compliant platform for trading cryptocurrencies and tokenized assets. As a registered cryptoasset firm, Archax adheres to UK Money Laundering Regulations and offers institutional-grade custody solutions powered by IBM and Metaco. The platform enables users to buy, sell, and stake cryptocurrencies with GBP and USD, while ensuring the safeguarding of assets through segregated accounts and professional-grade security measures. Archax aims to bridge the gap between traditional finance and the digital asset market by providing a trusted and reliable ecosystem for both retail and institutional investors.
Target Audience
Archax targets both retail and institutional investors seeking a regulated and secure platform for trading and custody of cryptocurrencies and tokenized assets.
Features
- FCA registration as a cryptoasset firm, demonstrating commitment to regulatory compliance
- Institutional-grade custody solutions powered by IBM and Metaco
- Support for trading Bitcoin, Ethereum, and other cryptocurrencies with GBP and USD
- Crypto staking functionality to earn rewards on digital asset holdings
- Segregated accounts to safeguard user assets
- Intuitive interface designed for both novice and experienced crypto traders
- No minimum deposit or withdrawal fees
- Comprehensive digital asset ecosystem for trading, holding, and staking crypto