abrdn takes stake in digital securities exchange

Largest external shareholder

Kathleen Gallagher
clock • 1 min read
Archax, which is founded by former hedge fund executives, provides a platform for institutional investors to trade cryptocurrencies
Image:

Archax, which is founded by former hedge fund executives, provides a platform for institutional investors to trade cryptocurrencies

abrdn has become the latest asset manager to put money into digital assets, concluding a deal to become the largest external shareholder in Archax, a digital securities exchange.

Archax, which is founded by former hedge fund executives, provides a platform for institutional investors to trade cryptocurrencies and tokenised securities, including fractions of shares. The f...

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