Breaking: Germany Stock Exchange Firm Deutsche Boerse Launches Crypto Trading Platform

Deutsche Boerse has launched a fully regulated crypto trading platform Deutsche Boerse Digital Exchange (DBDX).
By Varinder Singh
deutsche boerse

Highlights

  • Deutsche Boerse announced fully regulated platform for trading crypto assets including Bitcoin and Ethereum
  • Deutsche Boerse Digital Exchange will offer crypto institutional trading, settlement, and custody
  • Crypto Finance (Deutschland) to provide digital asset clearing and settlement services

Deutsche Boerse, a Germany-based capital market firm that owns the Frankfurt Stock Exchange, on Tuesday said it has launched a platform for trading crypto assets including Bitcoin and Ethereum.

Advertisement
Advertisement

Deutsche Boerse Launches Deutsche Börse Digital Exchange

Germany-based Deutsche Boerse announced fully regulated crypto trading platform Deutsche Boerse Digital Exchange (DBDX), reported Reuters on March 5. The spot trading platform is targeted for institutional clients said the Deutsche Boerse.

The new Deutsche Boerse Digital Exchange is the latest step in its digital strategy to deliver a fully regulated and secure environment for institutional trading, settlement, and custody for this digital asset class. The German exchange group last year committed to introduce an integrated digital asset platform as part of its Horizon 2026 program.

The initial trading will be request-for-quote basis and gradually moving to multilateral trading. Deutsche Boerse will offer trading venue and Crypto Finance (Deutschland) to provide digital asset clearing and settlement services.

“Our new solution is a game changer for digital ecosystems. We aim to provide trusted market operations for crypto assets, ensuring transparency, security, and regulatory compliance for institutional clients in Europe, said Carlo Kölzer, Deutsche Börse’s head of FX & Digital Assets.

Also Read: BRICS Plans Digital Currencies and Blockchain Based Payment System for De-Dollarization

Advertisement
Advertisement

Bitcoin and Crypto Demand in Germany

Germany has massive demand for Bitcoin and other cryptocurrencies as witnessed in the crypto funds’ inflow reports. Deutsche Boerse’s electronic securities trading platform Xetra has been offering crypto ETP and ETN for companies such as 21Shares and WisdomTree. Crypto ETNs on Xetra are centrally cleared by Eurex Clearing AG as Deutsche Borse Group’s central counterparty.

The move coming amid Bitcoin price trading near all-time high sparks excitement in the crypto community. BTC price pares some gains after hitting a 24-hour high of $68,785. The price is currently trading at $66,840. Furthermore, the trading volume has increased by over 70% in the last 24 hours, indicating interest among traders.

Also Read: US SEC Files Coinbase Insider Case as Supplemental Authority in Binance Suit

Advertisement
Varinder Singh
Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.