Archax has unveiled their new trading platform targeted at institutional investors.
With David Lester, a former London Stock Exchange executive, on the board as an advisor and Non-Executive Director, Archax aims to operate in a “regulated manner” in a bid to attract investors who have previously viewed digital assets as being volatile.
Opening up new business opportunities
“Tokenisation and Blockchains are innovations that have significant potential to disrupt and open up new business opportunities. Tokens can turn networks into markets; Blockchains can enable more frictionless and transparent marketplaces. How this evolves is of real interest to capital providers, business leaders, and founders. I am pleased to be an advisor to Archax, a strong team of like-minded individuals whose mission is to bring global institutional capital to the crypto asset space, which will underpin and accelerate its adoption,” commented Lester.
Founder Graham Rodford, a former COO at London hedge fund Omni Partners, said – “The current digital asset world is just the beginning. We will increasingly see opportunities emerge as the world realizes that all assets can be tokenized. As this occurs, institutions will be looking for a way to realize their investment strategies in both new and traditional ways. We have assembled a seasoned team and advisory board who understand the needs of institutions and who are used to operating in a highly regulated world – people from hedge funds, brokers, banks, exchanges, vendors and the academic space. Crucially, they also have a deep understanding and experience of this new ‘tech’ landscape too, and a vision of how to evolve it to open up existing crypto/digital assets to institutions, as well as pave the way for wider adoption of the technology for other asset classes via tokenization.”
Archax can bridge the gap
Archax intends to bridge the gap between the more tech-centric existing crypto platforms and the traditional financial space.
The belief is that the next step in the evolution of cryptocurrencies will be catering for the traditional institutional investor, and London-based Archax believe their exchange will assist in legitimizing the marketplace for them.
David Buckley, Chairman of the Archax Advisory Board and Redwood Bank, added – “For institutions to get involved in the crypto space, regulations are key. The fact that Archax will operate as if it were regulated and is run by people who understand how the institutional world and traditional exchanges work, means firms will finally get access to new crypto assets in a way that is familiar to them and that provides all the checks, balances and capabilities that they expect.”
The hope is that by generating fresh interest from the institutional space, investment will follow.
Lover of all things crypto, blockchain and AI, professional tech scribe & part of the editorial team at Crypto Disrupt.