In the wake of its $28.5m Series A funding round of November last year, Archax, the regulated digital asset exchange, broker, and custodian, has formally launched its 24×7 crypto exchange designed specifically for institutional investors. The move is further evidence of Archax’s role as a pioneer in bridging the gap between the DeFi crypto community and TradFi traditional investment space.
Targeting a professional and institutional audience, the exchange aims to provide ‘a smooth, efficient and familiar trading experience’, with a customisable multi-screen interface developed in collaboration with partners interop.io (formed last month when Glue42 and Finsemble merged) and ChartIQ (which Finsemble spun off to S&P Global earlier this year).
Graham Rodford, CEO and co-founder of Archax, commented, “We are thrilled to launch our crypto exchange, delivering a comprehensive and innovative trading platform for professional investors. By combining our institutional know-how, regulatory expertise, advanced technology and strong partnerships, we are empowering institutions to navigate the digital asset market with confidence and efficiency.”
In order to enable seamless integration with institutional trading systems and workflows, Archax is also offering robust API connectivity in addition to its UI.
Future plans for Archax this year include the introduction of additional trading pairs, starting with BTC and ETH vs USD.
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