Archax appoints Harold Duineveld as Head of Europe
“As someone who has operated in the heavily regulated European financial markets space for over 25 years, I look forward to bringing my experience into this new, emerging digital space within the region.”
Archax has appointed Harold Duineveld as Head of Europe, based in Amsterdam, to spearhead Archax’s presence across the European Union as the company expands its regulatory applications within the region.
The FCA regulated digital securities exchange, broker, and custodian, will count on Harold Duineveld’s over 25 years’ experience and deep understanding of the Financial Services industry, with a focus on execution and clearing of Exchange Traded and OTC derivatives and market infrastructures.
Prior to Archax, he has worked at Credit Suisse, NYSE Euronext and the Audacity Capital Group in roles covering institutional brokerage, business & market development and proprietary trading.
EU presence needed in a post-Brexit world
Graham Rodford, CEO and co-founder of Archax, commented: “In a post-Brexit world, it was always vital that we established an EU presence as we grow and scale the Archax business. We will spearhead this from The Netherlands and Harold joins to help us drive this forward as we begin growing into other global jurisdictions too.”
Harold Duineveld, Head of Europe at Archax, said: “I am excited to be joining the Archax team at this point in their journey, as they begin their expansion across Europe. As someone who has operated in the heavily regulated European financial markets space for over 25 years, I look forward to bringing my experience into this new, emerging digital space within the region.”
Archax raised $28.5m to scale up and launch Crypto ETPs
In November, the firm raised $28.5 million in a Series A funding round led by abrdn, with participation from Bitrock Capital, Blockchain Coinvestors, CE Innovation Capital, Keiretsu Capital, Lingfeng Capital, Mathrix AG, SGH Capital and The Tezos Foundation.
The London-based blockchain specialist was the first in the UK to allow institutional investors to custody and trade a variety of digital assets, such as digital securities and cryptocurrencies, alongside traditional securities too. The firm is currently working on a range of regulated crypto exchange traded products (ETPs).
