ScribeStar offering on Archax’s primary market

16 March 2023

Archax, the first FCA regulated digital asset exchange, broker and custodian, today announced the official launch of its primary raise platform and its first postings including ScribeStar and Circularr. The platform will give start-ups and early-stage businesses access to raise capital from investors that have been pre-vetted by Archax.

Commenting on the launch, Jim Webb, Head of Primary Markets Sales, said: “We’re thrilled to launch our Primary Markets platform with ScribeStar and Circularr as the initial issuers. Our regulated solution provides professional and institutional investors with priority access to investment opportunities in innovative, early-stage growth companies. Our registered investor network can expect a diverse and exciting list of new issuances across various sectors in the coming weeks.”

Damir Cimer, COO of ScribeStar, the leading digital capital markets documentation and compliance platform, comments: “We’re thrilled to be launching our fundraise on Archax. Having also partnered with them to use ScribeStar’s platform to digitalise their admittance process, we share a vision for a technology-driven, more efficient frictionless market. ScribeStar has grown to be a recognisable player in the capital markets technology space, so far only backed by angel investors. Working with Archax gives us a unique opportunity to present ScribeStar to their pool of professional investors and institutions who understand this market and technology and are excited by its potential”.

Eric Vogel, Co-Founder of Circularr, a sustainable blockchain ecosystem, focused on the incubation and development of sustainable cryptoassets backed by sustainable commodities adds: “We are thrilled to announce that Circularr is launching its funding round on Archax, the leading institutional digital securities exchange. As a ReFI blockchain ecosystem focused on sustainability and the circular economy, we are excited to work with Archax who support our vision for the future of the recycling industry. This partnership presents a unique opportunity for us to showcase Circularr’s innovative technology to a wide pool of professional investors and institutions, as we seek to scale our ecosystem and onboard strategic partners”.

The Archax digital asset ecosystem has been built with institutions in mind and is designed to allow them to raise funds through digital issuances, as well as custody and trade a variety of digital assets, such as digital securities, NFTs and cryptocurrencies.

Self-uploaded Templates

Are documents uploaded by Super Users themselves via ScribeStar’s document upload feature. It’s easy to do, but some users like us to do it for them – in that case we’ll charge you the cost of “additional” templates beyond those

Regular Users

Regular Users will be the team members from your own or other organisations such as juniors in your team, the PR Firm and its clients, accountants and so on.

RNS Templates

RNS templates are forms prescribed by the FCA to be used for ongoing reporting by public companies. On ScribeStar these are pre-formatted and ready for LSE’s RNS Submit upload

Downloads

Means producing offline versions of documents and RNS Submit ready bundles. ScribeStar lets you download Word, PDF, HTML, XML and JSON versions of documents, as well as .csv files of pre-tagged data and information.

Self-uploaded Templates

Are documents uploaded by Super Users themselves via ScribeStar’s document upload feature. It’s easy to do, but some folks like us to do it for themin that case we’ll charge you the cost of “additional” templates beyond those included in your package

Custom Small Template

These are bespoke templates created for you. Tell us what you want or give us a previous document you want us to use for this purpose. Learn more under FAQ!!

Custom Large Templates

Bespoke for you and created in the same way as small ones. The only difference is the extensiveness of the document. Learn more under FAQ!!

Additional Small Template

Any small template you ask us to upload, beyond the ones already included in your package. If you upload it yourself, it will cost you 6 times less versus asking us to do it for you.

Additional Large Template

Any large template you ask us to upload, beyond the ones already included on your package. If you upload it yourself, it will cost you 6 times less versus asking us to do it for you.

Super Users

Super Users manage other users, control the project, the document and the reporting process. Typically, this would be the General Counsel, Company Secretary, CFO, Account Manager at the PR Firm and so on.