Share this article
BTC
$76,403.05
-
3.39%ETH
$1,474.01
-
4.61%USDT
$0.9991
-
0.05%XRP
$1.7994
-
4.31%BNB
$552.93
-
0.30%USDC
$1.0001
+
0.00%SOL
$105.40
-
1.76%TRX
$0.2303
+
0.43%DOGE
$0.1424
-
3.79%ADA
$0.5578
-
4.48%LEO
$8.9974
+
0.58%TON
$2.9912
-
2.70%LINK
$10.91
-
4.59%XLM
$0.2208
-
4.53%AVAX
$16.14
-
3.88%SHIB
$0.0₄1068
-
6.62%SUI
$1.9282
-
4.32%HBAR
$0.1464
-
4.00%OM
$6.2032
-
0.74%BCH
$268.03
-
2.74%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Boerse Stuttgart Partners With DekaBank to Offer Crypto Trading for Institutional Clients
The collaboration comes as part of the exchange’s plan to expand partnerships with major financial institutions.
What to know:
- DekaBank will provide crypto trading services to institutional clients through Boerse Stuttgart Digital
- The partnership leverages Boerse Stuttgart Digital’s fully regulated crypto brokerage and is part of the exchange’s plan to form new partnerships.
- Cryptocurrency trading accounts for 25% of Boerse Stuttgart’s revenues.
Boerse Stuttgart, one of Germany’s top stock exchanges, has announced a partnership with DekaBank to bring cryptocurrency trading to the German investment bank’s institutional clients.
The partnership allows DekaBank, a financial giant with over 411 billion euros ($427 billion), to integrate crypto into its offerings using Boerse Stuttgart Digital’s regulated brokerage infrastructure.
STORY CONTINUES BELOW
“Partnering with DekaBank to offer crypto trading to its institutional clients underscores our commitment to providing financial institutions across Europe with secure and fully regulated infrastructure solutions,” said Boerse Stuttgart Group’s CEO Matthias Voelkel.
Boerse Stuttgart Digital, a subsidiary of Boerse Stuttgart Group, provides brokerage, trading, and custody services for financial institutions in Europe. Last month, the exchange revealed its cryptocurrency trading business had exploded in recent years and now accounts for 25% of its overall revenue.
The tie-up is part of Boerse Stuttgart’s plans to expand partnerships with “additional European banks, brokers, and asset managers, further contributing to the mass adoption of cryptocurrencies.”
The exchange has said that cryptocurrency trading volumes “almost tripled” last year to mark their best performance year-to-date. It holds around 4.3 billion euros ($4.45 billion) in custody.
Francisco Rodrigues
Francisco is a reporter for CoinDesk with a passion for cryptocurrencies and personal finance. Before joining CoinDesk he worked at major financial and crypto publications. He owns bitcoin, ether, solana, and PAXG above CoinDesk's $1,000 disclosure threshold.
