Archax is focused on providing a regulated venue for institutions and professional investors to trade in digital securities. These take assets – such as equity, revenue, debt, property and art – and tokenise them using blockchain technology as Security Token Offerings (STOs).
This tokenisation process is an alternative to the way traditional financial assets are handled and will bring liquidity through the creation of new secondary markets to illiquid and hard to trade assets. It also presents an alternative way of raising capital and has the potential to change the way traditional financial assets classes are handled and traded ultimately too.
Archax will use ClearBank’s banking-as-a-service offering to access a wide range of API-based services, including access to real-time payments services across BACS and CHAPS and 24x7x365 Faster Payments.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.