Algorand and Archax partner for new wave of sophisticated financial products

Archax today announced that it has partnered with leading blockchain provider Algorand to work on new innovative smart financial products that will trade on its FCA regulated exchange. Archax – which last week became the first firm to receive FCA authorisation as a digital securities exchange, VASP, brokerage and custodian – is looking to create a range of bespoke regulated financial products to sit alongside its pipeline of more regular digital security issuances, such as equity, fund and debt instruments.