Expanding European reach through acquisition of Deutsche Digital Assets by Archax
Archax, a UK-based digital asset exchange, has expanded its European presence through the strategic acquisition of Deutsche Digital Assets (DDA), a German-based digital asset manager. This deal significantly extends Archax's regulated footprint into Germany and France, two major digital asset markets in Europe.
DDA, managed by around $70 million in assets under management, brings traditional finance expertise and blockchain innovation to the table. The acquisition combines these strengths, positioning Archax to serve both institutional and professional investors seeking digital asset exposure.
The deal enhances Archax’s regulatory capabilities, adding advisory, distribution, portfolio management, and contract brokerage permissions. DDA’s existing distribution networks connect European banks and institutional asset managers, particularly in Germany, France, and Switzerland, complementing Archax’s ambitions to become a leading European digital asset platform.
This expansion follows Archax’s earlier acquisitions, such as the Spanish broker KSCM in late 2024 and Globacap's US broker-dealer and alternative trading system earlier this year. It reflects a strategic move to build a comprehensive regulatory infrastructure across key jurisdictions in Europe and the US.
The impact of this acquisition on Archax’s presence in Germany and France is substantial. It grants direct regulated market access and leverages DDA’s local relationships and permissions. It also links Archax’s UK platform, where crypto ETPs are gaining traction under FCA regulation, with continental European markets, enhancing cross-border distribution and investor reach.
DDA specializes in crypto exchange traded products (ETPs) and maintains distribution networks across European banks and institutional asset managers. This acquisition adds ETPs to Archax's platform, which already includes native cryptocurrency trading, institutional-grade crypto ETPs, and tokenized real-world assets.
Graham Rodford, Archax’s CEO and co-founder, stated that the acquisition of DDA furthers the company's ambition to have one of the most extensive regulatory structures in the digital asset industry. The timing of the acquisition proves strategic as the UK market opens to crypto ETPs following the Financial Conduct Authority's approval of the first professional investor listings earlier this year.
In summary, Archax’s acquisition of Deutsche Digital Assets solidifies its regulated operations in Germany and France, expands its product offerings, and strengthens its position as a pan-European digital asset exchange with a robust regulatory framework and institutional client base. This rapid expansion strategy continues to build comprehensive regulatory infrastructure across major markets, making Archax a key player in the evolving digital asset industry.
[1] Archax Press Release, "Archax Acquires Deutsche Digital Assets to Expand European Presence," [date], [link] [2] Coindesk, "Archax Buys Deutsche Digital Assets to Boost European Operations," [date], [link] [3] Finextra, "Archax Acquires Deutsche Digital Assets to Expand European Operations," [date], [link]
- The acquisition of Deutsche Digital Assets by Archax brings approximately $70 million in assets under management to the table, expanding Archax's assets and adding traditional finance expertise and blockchain innovation to their business.
- The strategic move is significant as it positions Archax to serve both institutional and professional investors seeking digital asset exposure, by combining DDA's strengths and enhancing Archax’s regulatory capabilities.
- The acquisition extends Archax's regulated footprint into Germany and France, two major digital asset markets in Europe, adding advisory, distribution, portfolio management, and contract brokerage permissions to the company's existing regulatory infrastructure.
- This acquisition also links Archax's UK platform with continental European markets, enhancing cross-border distribution and investor reach, and adds crypto exchange traded products (ETPs) to Archax's platform, making it a comprehensive digital asset exchange with a robust regulatory framework and institutional client base in the technology-driven finance industry.
