Deutsche Börse Introduces Institutional Crypto Trading Platform

Deutsche Börse Introduces Institutional Crypto Trading Platform

Deutsche Börse has announced the establishment of the Deutsche Börse Digital Exchange (DBDX), aimed at providing a spot trading platform for crypto assets to institutional clients. This development introduces a regulated environment for the trading, settlement, and custody of crypto assets, leveraging Deutsche Börse’s network to facilitate access to digital asset markets.

The platform is positioned to serve the institutional market with a focus on security and regulatory compliance. Trading on DBDX will initially operate on a Request for Quote (RfQ) basis, with Deutsche Börse managing the trading venue’s operations. Crypto Finance (Deutschland) GmbH is set to offer settlement and custody services, contributing to a seamless trading experience.

This initiative aligns with Deutsche Börse’s strategy to expand its digital asset offerings and respond to institutional demand for a regulated trading environment. The collaboration with Crypto Finance is aimed at ensuring a reliable infrastructure for digital asset transactions.

Carlo Kölzer, responsible for FX & Digital Assets at Deutsche Börse, stated the platform’s commitment to providing a regulated trading solution for crypto assets that meets the requirements of institutional clients in Europe.

Stijn Vander Straeten, CEO of Crypto Finance, mentioned the significance of the collaboration with Deutsche Börse in establishing a regulated custody and settlement offering in Germany, emphasizing the focus on creating a reliable ecosystem for digital assets.

The launch of DBDX follows Deutsche Börse Group’s strategic direction as outlined in its Horizon 2026 strategy to enhance its digital asset capabilities. The German financial regulator, BaFin, has recently approved Crypto Finance (Deutschland) GmbH for digital asset trading, settlement, and custody services, marking a crucial step in the realization of this platform.

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