TechFlow news, October 31 — According to CoinDesk, UK-based crypto exchange Archax has acquired Spanish brokerage firm King & Shaxson Capital Markets to expand its European operations. The transaction is subject to regulatory approval from Spanish authorities, and the deal value has not been disclosed. This acquisition will enable the Financial Conduct Authority (FCA)-registered company to extend its existing brokerage, multilateral trading facility (MTF), and custody services into Europe, while adding crypto derivatives to its license.
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