Golden Finance reports that, according to CoinDesk, the UK crypto trading platform Archax has acquired the Spanish brokerage firm King & Shaxson Capital Markets to expand its European business. The completion of the transaction is currently pending approval from Spanish regulatory authorities. The value of the transaction has not been disclosed. This acquisition will enable the company, registered with the Financial Conduct Authority (FCA), to extend its existing brokerage services, multilateral trading facilities (MTF), and custody services to Europe, while adding crypto derivatives to its license.