ClearBid Global Markets (CBGM) announced it has selected Archax as its regulated digital asset partner to expand the reach of its cross-border digital bond trading and data platform into the UK and EU regions.
CBGM is a full-service electronic trading platform and complete securities and data source, that effectively connects global bond markets utilizing a digital Dutch Auction. This results in real-time, transparent and market-driven price discovery. It is an innovative substitute for traditional ‘over the counter’ (OTC) methods, with a direct focus on capital markets-based financing for infrastructure,
corporate and asset-backed borrowers.
Archax is a regulated digital asset exchange, broker and custodian, based in the UK, EU, US and UAE. Targeted at professionals and institutions, Archax supports all types of digital assets – from unregulated cryptocurrencies through to regulated tokenised real-world assets (RWAs). By selecting Archax as a strategic partner for cross-border expansion, CBGM will initially leverage Archax’s FCA regulations in the UK to offer its digital bond pre-issuance, trading and data platform to investors based there. Moving forwards, CBGM then plans to do the same in the EU region by leveraging Archax’s permissions there too.
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Robert Novembre, Founder and CEO of ClearBid Global Markets, comments: “Our partnership with Archax marks a significant milestone for CBGM as we expand into the UK and advance our global mission to redefine capital markets. By combining our vision for transparent, data‑driven markets with Archax’s fully regulated digital infrastructure, we are delivering institutional clients unprecedented visibility and liquidity across global bond markets. This collaboration empowers market participants to navigate complex environments through a single, seamless digital gateway”.
Nick Donovan, Chief Revenue Officer of Archax, adds: “Archax is all about being the most credible, institutional and regulated, digital asset solution in the marketplace. We are always on the look-out for potential partners who can leverage our regulatory stack and together expand our digital offerings in the space. As such, we are excited to be working with ClearBid Global Markets with their innovative digital approach for providing access to bonds for capital markets participants.”
CBGM’s digital bond marketplace is designed to revolutionize how capital is raised and invested by addressing the current market’s lack of transparency due to manual, antiquated pricing processes, as well as the lack of efficient accessibility and connectivity between markets, which limits global capital flows and growth for emerging markets.
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