Crypto Finance is a FINMA-regulated provider of trading, custody, and investment services for digital assets.

Deutsche Börse (ETR: DB1) announced today the completion of a transaction to acquire a majority stake in Crypto Finance AG, a regulated provider of services in respect of digital assets including trading, custody and investments. The deal allows Deutsche Börse to set in place an ecosystem for digital assets under a European regulatory framework.

Furthermore, the digital assets business of Crypto Finance will benefit from Deutsche Börse’s existing client base, infrastructure network, and strong capital base. The unit is now expected to expand its customer base with a focus on Germany in Europe, and Singapore in Asia.

Deutsche Börse: Eyeing financial institutions and professional investors

“Deutsche Börse will now be able to provide its partners and clients with direct and easy access to digital asset services, including post-trade services,” the German bourse said in a statement. “A wide range of digital assets is made available to existing customers and new market participants via their established platforms. In addition, synergies will serve to optimise processes and systems.”

Eric Leupold, Head of Cash Market at Deutsche Börse, stated: “Thanks to Crypto Finance’s proven expertise and the technologies they have developed, we can now enable financial institutions and professional investors to enter the digital asset market. This is a step further in our digital asset strategy.”

Jan Brzezek, CEO and co-founder of Crypto Finance observed that financial institutions were looking for trustworthy partners to pursue their ambitions of investing in digital assets, and that the German bourse would fit that role.

Banks, asset managers, fintechs, and other financial intermediaries are core customers of Crypto Finance.

Post the sale of the majority stake to Deutsche Börse, Crypto Finance will continue to operate as an independent brand.

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