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The UK encryption exchange Archax announced the acquisition of the Spanish brokerage firm KSCM to expand its business footprint in the European Union. KSCM was established in 2019 and mainly serves institutional clients across Europe. After the acquisition, it will become a wholly-owned subsidiary of Archax.The UK encryption exchange Archax announced the acquisition of the Spanish brokerage firm KSCM to expand its business footprint in the European Union. KSCM was established in 2019 and mainly serves institutional clients across Europe. After the acquisition, it will become a wholly-owned subsidiary of Archax.The UK encryption exchange Archax announced the acquisition of the Spanish brokerage firm KSCM to expand its business footprint in the European Union. KSCM was established in 2019 and mainly serves institutional clients across Europe. After the acquisition, it will become a wholly-owned subsidiary of Archax.