Archax, a UK-based RWA Asset exchange, has recently made a strategic move into the US markets by acquiring the Broker-Dealer firm Globacap. This expansion into the US market comes after previous acquisitions in Europe, including Spanish broker king and Shaxon Capital Markets in October 2024. The acquisition of Globacap will allow Archax to offer its regulated marketplace for trading tokenized securities to US customers through its rebranded entity, Archax Markets US.
Globacap, a London-headquartered fintech company specializing in digital securities and private capital market automation, will now operate as Archax Markets US, creating a gateway for Archax to enter the US market. The acquisition will enable Archax to provide fully regulated trading opportunities for tokenized assets such as private equity, bonds, and real estate-backed assets. In addition to trading services, Archax will also offer regulated custody services for digital securities, cryptocurrencies, and tokenized RWAs, strengthening its presence in the US market.
In partnership with Entoro Capital and Capturiant, Archax may also offer tokenized carbon credits and sustainable investment opportunities in the US market. This move signifies Archax’s commitment to expanding its offerings globally and tapping into the growing demand for tokenized assets. With its services available for professionals and institutions, Archax can tokenize assets across various DLTs/blockchains, further enhancing its reach in the US market.
The RWA tokenization market in the US is experiencing rapid growth, with projections estimating its value to reach $30.1 trillion by 2034. The tokenized RWA market, excluding stablecoins, had reached approximately $15.2 billion by December 2024, representing an 85% year-over-year growth. Including stablecoins, the total tokenized market soared to $217.26 billion, highlighting the increasing adoption of tokenized assets in various sectors. This growth is driven by institutional investments and the integration of DeFi platforms by traditional financial institutions.
Archax’s entry into the US market comes at a time when competition in the RWA sector is intensifying, with key players like INX Limited, Coinbase Institutional, Oasis Pro Markets, Securitize, and tZERO vying for market share. As Archax navigates the competitive landscape, it will need to ensure regulatory compliance and differentiate its services to attract US customers. With the support of its strategic acquisitions and partnerships, Archax is poised to establish a strong presence in the US market and contribute to the growth of the tokenized assets sector.
In conclusion, Archax’s acquisition of Globacap and entry into the US market represent a significant milestone for the UK-based exchange as it expands its global footprint. With a focus on offering regulated tokenized assets trading and custody services, Archax aims to meet the evolving needs of US customers in the fast-growing RWA market. As competition intensifies and market dynamics evolve, Archax will need to innovate and adapt to ensure its success in the US market.
