Archax Makes Power Move: Snags Deutsche Digital Assets to Dominate Europe’s Crypto ETP Market
London-based Archax just fired a shot across Europe’s crypto ETP space—acquiring Frankfurt’s Deutsche Digital Assets in a deal that redefines the institutional playing field.
Why it matters: This isn’t just consolidation—it’s a land grab. With DDA’s regulatory foothold in Germany, Archax now bypasses years of compliance headaches to offer crypto ETPs across the EU’s fragmented markets. Traders win; traditional finance gatekeepers lose.
The cynical take: Because nothing screams ‘mature asset class’ like a good old-fashioned banking-style acquisition spree. At least this one’s funded with crypto profits instead of taxpayer bailouts.