Outstanding Performance > Best New Product
Archax is a forthcoming global, regulated, institutional exchange for trading tokenised assets, such as digital securities or security tokens. Founded by experts from the financial markets and backed by an accomplished advisory board, Archax offers a credible bridge between the emerging blockchain world and the traditional investment space.
The Archax Exchange aims to democratize capital markets through the tokenisation of all asset classes and by providing institutional market infrastructure along with a global, regulated, 24x7 marketplace.
Archax is working with technology partners from the traditional financial markets world and adapting their offerings for the digital asset space. This is the first time this approach has been taken, and it allows Archax to offer its institutional clients a familiar, proven solution that is already embedded into their trading workflows.
Archax is also working with leading firms from the crypto/blockchain space too, for example to provide its own regulated, institutional-grade custody solution.
Most existing digital asset exchanges are unregulated, aimed at a retail audience and focused on crypto currencies. Some are getting regulated, but this is typically being done in peripheral jurisdictions which are more crypto friendly and where it is easier to get regulated - however, institutions don't like trading on venues in peripheral jurisdictions, they want venues regulated in key financial centres, like London.
Also, most digital asset exchanges have "technologist" teams behind them, and so lack the financial markets experience needed to provide a viable solution to the institutional space and operate a regulated market.
A few traditional exchanges are looking at blockchain technology - but this is more about improving the efficiency of their systems than building a marketplace for new, digitised assets.
At launch, Archax will be the first digital securities exchange based and regulated in London, listing global issuances with trading participants from across the world.