Archax Expands European Crypto Footprint with Deutsche Digital Assets Acquisition

UK-based digital asset exchange Archax is acquiring Deutsche Digital Assets (DDA), a BaFin-regulated German crypto asset manager managing $70 million in ETPs. The deal grants Archax critical EU licenses for portfolio management and institutional services, building on its 2023 purchase of Spanish broker KSCM.

Germany's mature crypto ETP market offers Archax immediate distribution through DDA's banking network—a strategic advantage as demand grows for regulated digital assets. The exchange now holds approvals across Europe's four largest financial jurisdictions: UK, Germany, France and Spain.

Archax's dual focus on crypto ETPs and tokenized real-world assets positions it at the intersection of traditional and digital finance. This acquisition comes as geopolitical uncertainty drives institutional interest in blockchain-based investment vehicles.