Archax acquires Spanish brokerage firm KSCM to expand European presence
according to CoinDesk, UK-based cryptocurrency exchange Archax has acquired Spanish brokerage firm King & Shaxson Capital Markets to expand its European business. The completion of the transaction currently requires approval from the Spanish regulatory authorities. The transaction value has not been disclosed. This acquisition will enable the company, registered with the Financial Conduct Authority (FCA), to expand its existing brokerage business, multilateral trading facility (MTF), and custody services to Europe, while adding crypto derivatives to its license.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x SAPIEN: Trade futures to share 150,000 SAPIEN!
Bitget Will List YZY MONEY (YZY) in the Innovation and Meme Zone
Bitget Trading Club Championship (Phase 5)—Grab a share of 80,000 BGB, up to 800 BGB per user!
Announcement on Bitget listing TSLA, NVDA, CRCL RWA Index Perpetual futures
Trending news
MoreCrypto prices
More








