DekaBank Partners with Boerse Stuttgart: Institutional Crypto Adoption Grows
The local investment bank DekaBank is receiving assistance from the digital asset division of Boerse Stuttgart, a significant German stock exchange, in offering cryptocurrency trading services to its institutional customers. According to a statement released on February 28, Boerse Stuttgart Digital will supply its regulated infrastructure so that DekaBank can launch its cryptocurrency offering, which is only intended for institutional clients. The collaboration follows Boerse Stuttgart Digital Custody’s January acquisition of a full license under the EU’s new Markets in Crypto-Assets (MiCA) framework.
With our fully regulated brokerage solution, DekaBank can seamlessly provide secure and reliable access to crypto trading,
Boerse Stuttgart Digital’s LinkedIn Post
EU’s MiCA Framework Spurs Institutional Crypto Adoption: DekaBank Takes the Lead
It made sense for DekaBank to enter the cryptocurrency market as the EU advanced its MiCA crypto-regulating framework, especially considering its affiliation with Boerse, which holds a MiCA license. On the other hand, Boerse Stuttgart, whose cryptocurrency division accounted for 25% of its overall 2024 revenues, applauds international legislative changes in the sector.
We are convinced that for the crypto market to thrive, smart regulation is key. Regulation providing clear guidelines which ensure transparency and trust, allowing to innovate, while sorting out unserious players. So we welcome that Europe has put smart crypto regulation in place. And we are happy about the strong market dynamic coming from the US. Against this backdrop $500,000 USD for Bitcoin might not be unrealistic in the mid-term […]
Boerse Stuttgart Group CEO Matthias Voelkel
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