R3: Partnership with securities exchange Archax

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R3: Partnership with securities exchange Archax

R3: Partnership with securities exchange Archax

  • Archax will also use R3’s Corda technology to build its post-trade infrastructure
  • The application currently using considered by the Financial Conduct Authority (FCA)
  • The exchange also aims to bridge the gap between blockchain-powered tokenization and traditional investment
  • Using the Corda enterprise platform, Archax aims to streamline post-trade
  • Then it already utilizes blockchain for security issuance and has partnerships with Alphabit, Custom House
  • The current post-trade process in traditional financial markets is hugely inefficient