Investment business abrdn has invested in a regulated digital securities exchange, Archanx.
In Brief:
abrdn is now the largest external shareholder of Archax.
Archax is the first regulated digital securities exchange in the UK.
It offers access to digital assets for institutional investors.
What does this mean?
There is increasing demand to “bridge the gap” between decentralised finance and traditional capital market, as Archax aims to do. abrdn has recognised that blockchain will form “a big part” of the financial landscape over the coming years and that there will be the desire to invest in this.
