Update: abrdn takes stake in digital securities exchange

Kathleen Gallagher
clock • 2 min read
Update: abrdn takes stake in digital securities exchange

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 firm was established four years ago and is the first and only digital securities exchange that has gained FCA permissi...

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