Financial Transformation: ArchaxEx and Hedera Hashgraph

Revolution in the financial market: ArchaxEx leads the transformation using Web3 and RWA tokenization

Apr 22, 2024 - 02:37
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Financial Transformation: ArchaxEx and Hedera Hashgraph

Regulated digital asset exchange Archax aims to revolutionize institutional investor engagement in digital assets through a partnership with Hedera Hashgraph. Leveraging the bank-level security and efficiency provided by Hedera, Archax intends to deliver a trusted platform for trading and custody of digital assets.

UK-based company Archax is currently preparing to launch a groundbreaking, regulated global digital asset exchange, poised to change the way institutional investors engage with digital assets.

In the context of inconsistent and evolving regulations regarding digital assets, Archax is taking proactive steps, drawing on its experience in heavily regulated financial sectors. Through collaboration with Hedera Hashgraph, Archax becomes the first firm to obtain regulatory approval from the Financial Conduct Authority (FCA), positioning itself as a leader in the field of digital securities exchanges, custodianship, and brokerage.

Archax addresses challenges through a culture of transparency and a focus on security measures. Their accredited and regulated platform builds trust among clients by adhering to rigorous compliance standards, including AML and KYC protocols. Utilizing Hedera's distributed ledger technology (DLT), Archax ensures the security of financial transactions for its clients through an asynchronous Byzantine Fault Tolerant (aBFT) consensus mechanism and cryptographic tools.

Solving infrastructural issues, Archax offers infrastructure tailored to the specific requirements of digital assets, facilitating efficient settlement, clearing, and storage of these assets. Thus, Archax emerges as a leader in delivering advanced solutions for institutional investors in the realm of digital assets.

In its operations, Archax will engage in:

Providing digital asset trading services. Offering a platform for digital asset custody. Providing brokerage services for digital assets. Providing digital asset custodianship services. Utilizing advanced technologies such as Web3 and RWA tokenization to transform the financial market.