Stuttgart, Germany – Boerse Stuttgart Digital, the leading crypto infrastructure partner, has announced a major development in the mass adoption of cryptocurrencies in Europe. The company has partnered with DZ BANK, one of the largest banking groups in Europe and the second largest in Germany, to provide regulated cryptocurrency trading and custody services to retail customers.
Through Boerse Stuttgart Digital’s institutional infrastructure solutions, DZ BANK will enable 700 cooperative banks to offer their retail customers the ability to trade cryptocurrencies and securely store them in licensed fiduciary custody. This is a significant milestone in the mass adoption of cryptocurrencies and represents a major step forward for the industry.
The technical and operational setup for this partnership has already begun, with the first banks set to be connected later this year. A phased rollout and a testing phase for selected retail customers will follow.
Boerse Stuttgart Digital and DZ BANK are pioneers in the European market, being the first established players to offer cryptocurrencies to retail customers on such a large scale. With predictions that up to 25 percent of Europeans will invest in cryptocurrencies by 2028, this partnership has immense potential for banks and brokers.
Dr. Matthias Voelkel, CEO of Boerse Stuttgart Group, commented on the partnership, saying, “We offer Boerse Stuttgart Digital’s proven and fully regulated crypto trading and custody infrastructure to financial institutions across Europe. This is especially interesting for financial institutions which put a particular focus on professionalism, security, reliability, and trust – as does DZ BANK. Our infrastructure solutions are retail-customer-oriented, which is the towering strength of our group.”
Boerse Stuttgart Group is the sixth largest exchange group in Europe, operating exchanges in Germany, Sweden, and Switzerland. With over 160 years of expertise in financial markets, the company has also built the largest digital and crypto business of all European exchange groups. Boerse Stuttgart Group has a workforce of 700 and has offices in several European cities.
Boerse Stuttgart Digital, powered by Boerse Stuttgart Group, is the reliable partner for integrated and customized solutions for cryptocurrencies and digital assets in Europe. The company is fully regulated in Germany and offers institutional partners easy and reliable access to cryptocurrencies and digital assets through its Brokerage, Trading, and Custody services. For more information, please visit www.bsdigital.com.
For media inquiries, please contact:
T + 49 (0)711 222 985 711
F +49 (0)711 222 985 551
presse@boerse-stuttgart.de
Distributed by https://pressat.co.uk/
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