UK-based digital asset exchange Archax is set to acquire Deutsche Digital Assets (DDA), marking its third strategic acquisition in recent months as the company aggressively expands its international footprint. The deal will extend Archax’s regulated presence into Germany and France, two of Europe’s most significant digital asset markets.
DDA, a German-based asset manager operating under BaFin regulation, currently has around $70 million in assets under management. The firm specializes in crypto exchange traded products (ETPs) and maintains distribution networks across European banks and institutional asset managers. Through this acquisition, Archax will gain additional regulatory capabilities including advisory, distribution, portfolio Management and contract brokerage permissions.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
