The Deutsche Börse went live with its cryptocurrency trading offering DBDX earlier this month. Now the stock exchange has revealed plans for a Digital Assets Business Platform. The company already has Clearstream’s D7, a digital securities issuance and post trade solution, and a 48% interest in 360X, the tokenization platform for alternative assets including real estate and IP.
Deutsche Börse said in its annual report that “digital assets will increase the range of investable and tradable instruments significantly. With the Digital Asset Business Platform we want to make tokenised assets fungible for institutional customers and profit from this trend over the long term.”
It continued, “We are planning to build an ecosystem for digital assets that is operated on the basis of an institutional value chain, using native digital infrastructure components in the cloud. The platform would conform to recognised standards in the finance industry and service a variety of asset classes and use cases on and off the blockchain.”
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