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abrdn led a $28m Series A round in Archax.

Synopsis

abrdn, a United Kingdom-based global investment company, led a $28m Series A round in Archax, UK’s first regulated digital asset exchange, with participation from Bitrock Capital, Blockchain Coinvestors, CE Innovation Capital, Keiretsu Capital, Lingfeng Capital, Mathrix AG, SGH Capital and The Tezos Foundation. “We are extremely pleased to have been able to complete a round of this size during the turbulent crypto and traditional financial market conditions of the last few months,” Graham Rodford, Archax chief executive and co-founder.

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