Archax is set to acquire Deutsche Börse, expanding its cryptocurrency ETP business in Europe

By: theblockbeats.news|2025/07/22 11:21:47

BlockBeats News, July 22nd, according to CoinDesk's report, UK-based digital asset exchange Archax will acquire the German regulated crypto asset management company Deutsche Digitale Vermogensverwaltung (DDA), a move that will strengthen its presence in the two major European financial markets.

DDA manages around $70 million in assets, specifically distributing cryptocurrency exchange-traded products (ETPs) through a network of European banks and asset management companies.

"Brother Big T" Huang Lizheng is currently long on ETH, HYPE, and PUMP, with a notional position value of $126 million.Glassnode: Ethereum Buyers Taking Profit Around $2520, New Buy Orders Absorbing Market Supply

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