
Archax to Acquire Deutsche Digital Assets, Expanding Crypto ETP Reach in Europe
UK-based digital asset exchange Archax is set to acquire Deutsche Digital Assets (DDA), a regulated crypto asset manager in Germany, in a move that strengthens its footprint in Europe’s two largest financial markets. DDA manages around $70 million in assets and specializes in crypto exchange-traded products (ETPs) distributed through a network of European banks and asset managers. The deal gives Archax new licenses under Germany’s BaFin, including permissions for portfolio management and investment advisory—key capabilities for serving institutional clients in the EU. This acquisition builds on Archax’s 2023 purchase of Spanish broker KSCM. With the DDA deal, Archax now holds…





