Appointment digital asset treasury partner Archax

Summary by AI BETAClose X

Shortwave Life Sciences PLC, a healthcare company focused on anorexia nervosa treatments, has appointed Archax Ltd as its digital asset exchange, broker, and custodian. This decision follows a comprehensive business review initiated in July to strengthen the company's strategic framework for growth, specifically regarding its digital asset treasury management. Shortwave Life Sciences will seek shareholder approval at its upcoming Annual General Meeting to activate a digital asset treasury management policy. The company selected Archax due to its FCA regulation across the range of digital asset services required.

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