The second largest stock exchange in Germany, Boerse Stuttgart Group, is in today’s crypto news for its recent plans to launch a Bitcoin and cryptocurrency trading platform in the first half of 2019.
According to the firm, there is a partnership with a local fintech company solarisBank to create an engineering infrastructure for digital assets trading, which operates with a banking license in the country.
As the CEO of Boerse Stuttgart Alexander Hoptner officially revealed in a blog post:
“With its combination of technology and banking expertise, solarisBank is a great partner for us to offer central services along the value chain for digital assets,”
In the beginning, the plans are to enable Bitcoin and Ethereum trading on the platform, with support for other tokens expected once the initial coin offering (ICO) platform – which is under development now – goes live.
Both individual and institutional investors will be able to trade on the Boerse Stuttgart crypto platform, offering features similar to its stock trading platform. Currently, the company is also seeking a regulatory approval to offer multilateral trading facility (MTF) for its crypto trading marketplace.
And just yesterday, SolarisBank also teamed up with the crypto payments startup Bitwala in order to offer crypto banking services in the country.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]
Discussion about this post