UK Crypto Exchange Archax Launches FCA-Regulated Custody Service

Bernstein Says Custody Services Are the Foundation for Institutional Crypto Adoption

“Events like FTX have highlighted the need for a more traditional approach to things,” said Archax Chief Marketing Officer Simon Barnby in an interview. “As an FCA-regulated custodian, we are permitted to hold cryptocurrencies, tokenized assets like funds or real estate, as well as traditional instruments and cash for our clients.”

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