ClearBid Global Markets (CBGM) has chosen Archax as its key ally to extend its platform into the United Kingdom and European Union. This collaboration, revealed recently, aims to broaden access to CBGM’s cross-border digital bond trading and data services, tapping into Archax’s established regulatory framework. CBGM operates as an electronic marketplace that links international bond markets through a digital Dutch Auction system.
This approach reportedly aims to deliver immediate, clear, and market-led pricing insights, serving as a modern alternative to conventional over-the-counter (OTC) trading.
The platform primarily supports financing needs for infrastructure projects, corporations, and asset-backed entities, streamlining capital flows in a fragmented global environment.
Archax, meanwhile, stands out as a fully regulated entity specializing in digital assets, functioning as an exchange, broker, and custodian across regions including the UK, EU, US, and UAE.
Catering to institutional and professional users, it handles a wide spectrum of assets, from volatile cryptocurrencies to secure tokenized representations of real-world assets (RWAs).
This expertise positions Archax as a suitable partner for CBGM’s ambitions.
Under the terms of this strategic alliance, CBGM will first harness Archax’s Financial Conduct Authority (FCA) approvals in the UK to introduce its pre-issuance bond trading and data tools to local investors.
Following this initial phase, the expansion will extend to the broader EU, utilizing Archax’s regulatory clearances in that area.
This phased rollout is designed to ensure compliance while rapidly scaling operations.
Robert Novembre, CBGM’s Founder and CEO, highlighted the partnership’s importance:
“Teaming up with Archax represents a pivotal step for us as we enter the UK and push forward our worldwide goal of reshaping capital markets. Merging our emphasis on open, data-centric systems with Archax’s secure digital setup allows us to provide institutional investors with exceptional oversight and fluidity in bond markets globally.”
Nick Donovan, Chief Revenue Officer at Archax, stated:
“Our focus at Archax is on delivering the most trustworthy and regulated digital asset services available. We’re constantly seeking collaborators who can build on our compliance strengths to innovate in the digital realm. Partnering with ClearBid Global Markets and their fresh take on bond access for market players is truly invigorating.”
At its core, CBGM’s platform seeks to overhaul the way funds are sourced and allocated by tackling longstanding issues like opacity from outdated manual pricing and barriers to cross-market connectivity.
These inefficiencies have historically restricted capital movement, particularly hindering development in emerging economies.
By fostering greater transparency and seamless links between regions, the initiative aims to unlock new opportunities for growth and investment.
This partnership arrives at a time when digital finance is gaining momentum, with regulators increasingly supportive of tokenized securities.
As CBGM and Archax combine forces, they could set a new standard for efficient, borderless bond trading, potentially attracting more institutional participation and boosting liquidity in underserved sectors.
Industry observers anticipate this could accelerate the adoption of digital tools in traditional finance, bridging gaps between legacy systems and blockchain-enabled advancements.
With expansion plans now in motion, stakeholders in the UK and EU can look forward to enhanced tools for navigating global bond opportunities. This development not only strengthens CBGM’s footprint but also reinforces Archax’s role as a gateway for regulated digital advancements, signaling a more interconnected future for capital markets.