abrdn leads $28.5 million Series A funding round for Archax
The funding round comes ahead of Archax’s upcoming plans to offer a range of regulated crypto exchange traded products (ETPs).
The funding round comes ahead of Archax’s upcoming plans to offer a range of regulated crypto exchange traded products (ETPs).
The past week saw appointments from Cboe Global Markets, Jupiter Asset Management, UBS Asset Management and Numis Securities, alongside a departure from LSEG’s Turquoise.
Incoming trader had been with abrdn – formerly Standard Life Aberdeen – for over 16 years.
The move will allow abrdn to offer clients new investment opportunities through digital securities.
Following its notorious rebrand, Annabel Smith sits down with global head of investment execution at abrdn, Louise Drummond, to discuss the asset management giant’s plans for the future exploring automation, regulation and changing market structure.
New head of product for the UK, Europe and Asia joins from abrdn, where he had been for the last 11 years, spending the last six months as head of equities product.