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Archax has acquired Deutsche Digital Assets (DDA), a German crypto ETP specialist, to expand its regulatory reach and institutional offerings. The deal strengthens Archax’s presence in Europe and aligns with its partnership with Ripple for tokenized finance solutions.
- Archax gains BaFin licensing and European institutional reach through DDA acquisition.
- Partnership with Ripple enables tokenized funds on XRP Ledger, leveraging its 3-5 second settlement and institutional security.
- XRPL’s upcoming DeFi features (DIDs, MPTs, Lending Protocol) aim to capture the growing tokenized asset market.
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