Today, Boerse Stuttgart and Japan’s SBI Group announced a collaboration to develop a blockchain-based digital asset ecosystem in Europe and Asia. The Börse Stuttgart stock exchange owned by the group is the second-largest in Germany.
Under the partnership, SBI will invest an undisclosed amount in the Boerse Stuttgart Digital Exchange and plans to invest in Boerse Stuttgart Digital Ventures. Both these subsidiaries of
Boerse Stuttgart are engaged in digital asset-related businesses.
Boerse Stuttgart Digital Exchange (BSDEX) is a joint venture of Boerse Stuttgart, Axel Springer and finanzen.net. BSDEX is regulated digital asset exchange which complies with the German Banking Act. Meanwhile, Boerse Stuttgart Digital Ventures is leading the digitization strategy of the group. It has investments in firms developing cryptocurrency and digital assets custodian services (blocknox).
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
