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Archax partners with METACO to expand institutional digital asset custody offering on IBM Cloud

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Archax, a global, regulated, digital asset exchange, brokerage and custodian based in London, has selected METACO, a provider of digital asset custody and orchestration technology to global financial institutions, to underpin and expand its institutional custody solutions for digital assets.

Archax, a global, regulated, digital asset exchange, brokerage and custodian based in London, has selected METACO, a provider of digital asset custody and orchestration technology to global financial institutions, to underpin and expand its institutional custody solutions for digital assets.

Archax is deploying its technology on IBM Cloud in order to leverage the confidential computing capabilities of IBM’s digital asset infrastructure.

Archax is the UK’s first digital securities exchange, brokerage and custodian licensed by the Financial Conduct Authority (FCA), supporting institutional investors to trade in a variety of digital assets such as digital securities and cryptocurrencies, as well as traditional securities too. 

To expand and enrich its offering, Archax will fully integrate METACO’s bank-grade digital asset custody, issuance and orchestration platform, Harmonize, enabling clients to securely store, trade, issue and settle cryptocurrencies and digital securities. Harmonize was built in partnership with the largest Tier 1 custodian banks globally and is trusted by leading institutions such as Citigroup, Societe Generale – FORGE and BBVA Switzerland, offering the highest standards of security and compliance for Archax to operate in the digital asset sector.

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