Connect with us

Digital Securities

Archax Partners with Scila while Republic Acquires Seedrs – Digital Securities Weekly




Republic Acquires Seedrs

For years now, Republic and Seedrs have worked together, with this relationship evolving in to an official partnership in May of 2021.  Now with year-end in sight, the pair have officially announced that Republic has acquired Seedrs.

The goal of this acquisition is to create a truly global offering.  With Republic established in North America, and Seedrs in the United Kingdom, the companies specifically note the potential for more ‘cross-Atlantic’ opportunities.

While the initial game-plan for the pair is to continue operating independently, this partnership is intriguing as the CEO of Republic recently indicated that the company plans on developing an exchange which supports digital securities.  With Seedrs now part of the Republic family, it would be reasonable to assume that it too would offer/integrate such services if developed.

Republic CEO, Kendrick Nguyen, states, “Republic launched with the mission to make private investments accessible to all…We knew international expansion was necessary to achieve cross-bordered participation. In working with Seedrs, we have admired their technological capabilities, the strength of their team and their strong presence in the UK and soon Europe. We anticipate further developing the strengths of both companies from retail, secondaries, crypto, and communities to create a clear industry leader. We look forward to working together to shape the future of the industry at this critical stage of growth and innovation.”

Archax + Scila

Digital securities are just that – securities.  This means that they must be handled in a regulatory compliant manner, including appropriate AML / KYC safeguards.  To this end, soon-to-launch digital securities exchange, Archax, has partnered with Scila.

This partnership will see Scila provide a variety of services built around AML / KYC compliance.  It notes that through the use of ‘advanced machine learning’, it can offer the following capabilities among others.

  • Alert rules and reports
  • Search and replay functionality
  • Trading analytics

Archax CEO, Graham Rodford, commented on this partnership, stating, Regulatory convergence between the digital and the traditional worlds has been uncompromising in its progression and Archax believes that this will be a trend that continues to manifest. We see Scila as being perfectly aligned with Archax’s vision for the future of compliance in the digital asset industry. Through this partnership, Archax will not only remain compliant with various financial regulators with which it interacts but will also lead the ecosystem with new and progressive regulatory controls for both transaction reporting and market surveillance. By doing this, Archax will facilitate its customers a level of oversight and security in digital asset interaction that has previously been unseen”

Joshua Stoner is a multi-faceted working professional. He has a great interest in the revolutionary 'blockchain' technology. In addition to this, he is a licenced Paramedic in Nova Scotia, Canada. As such, he can provide emergency care/medicine to any situation necessitating it.

Advertiser Disclosure: is committed to rigorous editorial standards to provide our readers with accurate reviews and ratings. We may receive compensation when you click on links to products we reviewed.

ESMA: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Investment advice disclaimer: The information contained on this website is provided for educational purposes, and does not constitute investment advice.

Trading Risk Disclaimer: There is a very high degree of risk involved in trading securities. Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies.

This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. You should be aware that you may lose a significant portion of your portfolio. is not a registered broker, analyst, or investment advisor.