Archax launches Primary Markets for capital raise via FCA-authorized tokenization

Rick Steves

“Our regulated solution provides professional and institutional investors with priority access to investment opportunities in innovative, early-stage growth companies.”

Archax has launched Primary Markets, a primary raise platform for start-ups and early-stage businesses to raise capital from investors that have been pre-vetted by Archax.

First postings include ScribeStar, a digital capital markets documentation and compliance platform, and Circularr, a sustainable blockchain ecosystem, focused on the incubation and development of sustainable cryptoassets backed by sustainable commodities.

The first FCA-regulated digital asset exchange, broker and custodian has built its ecosystem with institutions in mind and is designed to allow them to raise funds through digital issuances, as well as custody and trade a variety of digital assets, such as digital securities, NFTs and cryptocurrencies.

“Exciting list of new issuances across various sectors in the coming weeks”

Jim Webb, Head of Primary Markets Sales at Archax, said: “We’re thrilled to launch our Primary Markets platform with ScribeStar and Circularr as the initial issuers. Our regulated solution provides professional and institutional investors with priority access to investment opportunities in innovative, early-stage growth companies. Our registered investor network can expect a diverse and exciting list of new issuances across various sectors in the coming weeks.”

Damir Cimer, COO of ScribeStar, said: “We’re thrilled to be launching our fundraise on Archax. Having also partnered with them to use ScribeStar’s platform to digitalise their admittance process, we share a vision for a technology-driven, more efficient frictionless market. ScribeStar has grown to be a recognisable player in the capital markets technology space, so far only backed by angel investors. Working with Archax gives us a unique opportunity to present ScribeStar to their pool of professional investors and institutions who understand this market and technology and are excited by its potential”.

Eric Vogel, Co-Founder of Circularr, addes: “We are thrilled to announce that Circularr is launching its funding round on Archax, the leading institutional digital securities exchange. As a ReFI blockchain ecosystem focused on sustainability and the circular economy, we are excited to work with Archax who support our vision for the future of the recycling industry. This partnership presents a unique opportunity for us to showcase Circularr’s innovative technology to a wide pool of professional investors and institutions, as we seek to scale our ecosystem and onboard strategic partners”.

Read this next

Retail FX

Axi extends partnership deal with Manchester City

FX broker Axi, previously known as AxiTrader, has renewed its flagship sponsorship deal with soccer giant Manchester City.

Digital Assets

Russia delays digital ruble pilot to May

Russia has postponed its central bank digital currency (CBDC) pilot indefinitely, which was originally scheduled for April 1, as it awaits specific legislation to be voted before the “crypto ruble” trial.

Executive Moves

Scope Markets promotes James Hughes to head of marketing

Belize-based FX and CFDs brokerage Scope Markets has promoted James Hughes, who until recently was its head of brand, to take on an expanded role as the company’s global head of marketing.

Retail FX

Fraudsters clone Financial Commission’s website, two ex-members under suspicion

The Financial Commission, an industry-specific dispute resolution service that caters to the financial services industry, today announced that it believes a clone website has been impersonating its membership roster.

Retail FX

CMC Markets warns of operational challenges in Q1

CMC Markets PLC (LSE:CMCX) said in a trading update for the fiscal year 2023 that February and March posed a more challenging environment with lower equity volumes and a higher proportion of lower margin institutional trading activity.


Why Is Digital PR So Important for Financial Service Providers? Buzz Dealer’s CEO Uri Samet with the Answers

Digital PR is all about spreading your message faster, wider, and stronger in the online world, through proper SEO, link-building, and organic and paid social media work.

Inside View

Why And How Are Virtual Cards Disrupting The Finance Industry

Virtual cards have the potential to revolutionize the finance industry by providing faster and more secure payments, wider acceptance, and eco-friendliness.


Sweat Economy’s Oleg Fomenko on upcoming launch of Move-to-Earn app in the US

With the crypto winter’s biggest hurdles seemingly behind us as the prices of Bitcoin et al. climb the charts again, the Web3 economy is preparing for the next phase.

Industry News

OptionMetrics acquires Woodseer to add dividend forecast data for equities

“The addition of Woodseer’s product suite will enhance our ability to serve financial market stakeholders and academic institutions in their analysis of equity market performance and risk.”