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Archax, UK-Based RWA Exchange, Enters US Market with this Acquisition Deal

Archax Enters US Market

Archax, the UK-based RWA Asset exchange, has made its strategic entry into the US markets after the Acquisition of Broker-Dealer firm Globacap.

This expansion and acquisition in US markets and particularly, in the hot sector of tokenized assets, comes after its acquisition of Spanish broker king and Shaxon Capital Markets in October 2024 which embarked its presence in the EU.

What does Archax’s Acquisition Mean for US Customers?

Globacap as the London-headquartered fintech company specializes in digital securities and private capital market automation. But with the acquistion, the FINRA and SEC regulated, Globacap Private Markets Inc., will be rebranded as Archax Markets US after the Anthrax acquisition.

The newly named entity of Archax Markets will serve as the gateway for the UK-based exchange to offer its RWA services to the US customers.

As the UK’s first digital securities exchange with regulatory oversight, Anthrax would be providing a fully regulated marketplace for trading tokenized securities, that includes private equity, bonds, and real estate-backed assets.

With its presence in Custodial & Digital Asset Custody division, it will also provide regulated custody services for digital securities, cryptocurrencies, and tokenized RWAs.

Further, as part of its partnership with Entoro Capital and Capturiant, Archax may offer tokenized carbon credits and sustainable investment opportunities in the U.S. markets.

With its tokenized RWAs services available for professionals and institutions, it can tokenize assets onto a number of DLTs/blockchains, including Algorand, Arbitrum, Ethereum, Etherlink, Hedera Hashgraph, Polygon, Solana, Stellar, XDC and XRPL.

The Growing RWA Sector in US

Its entry in the US market comes at a strategic timing when the RWA tokenization market is experiencing rapid growth, with projections estimating its value to reach $30.1 trillion by 2034.

As of December 2024, the tokenized RWA market, excluding stablecoins, is approximately around $15.2 billion, representing an 85% year-over-year growth. And if including stablecoins, the total tokenized market soared to $217.26 billion.

This expansion is driven by increased adoption in sectors such as real estate, commodities, and financial instruments such as bonds and equities. Further, it is fueled by institutional investments and the integration of decentralized finance (DeFi) platforms by traditional platforms.

Last week only, Fdelity filed to offer a digital U.S. money market fund on Ethereum, positioning itself alongside competitors like BlackRock and Franklin Templeton in the tokenized assets space. ​In UK, the Financial Conduct Authority (FCA) has announced a five-year strategy to support asset managers in tokenizing their offerings.

But as Archax enters the U.S. market, it is bound to face competition from several key players in the RWA market with its biggest competitors being INX Limited, Coinbase Institutional, Oasis Pro Markets, Securitize and tZERO. Thus, it remains to be seen how it brings its services in the market while maintaining regulatory compliance.

 

The post Archax, UK-Based RWA Exchange, Enters US Market with this Acquisition Deal appeared first on CoinGape.

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