Germany’s second-largest exchange for stocks and bonds, Boerse Stuttgart, has today launched the Boerse Stuttgart Digital Exchange (BSDEX). This will be Germany’s first regulated marketplace for digital assets such as Bitcoin. Not surprisingly, the first trading pair listed is Euro / Bitcoin.
Boerse Stuttgart is gradually rolling out access and functionality. Initially, only selected customers can trade on the platform, but the goal is for institutions and individuals to be able to trade a good bundle of digital assets as soon as possible.
The operator of the Boerse Stuttgart Digital Exchange is a joint venture company consisting of Boerse Stuttgart, Axel Springer, and finanzen.net. It can create an exciting dynamic, as Axel Springer is Germany’s largest independent media company and publisher.
CEO of the Boerse Stuttgart Digital Exchange, Dirk Sturz, tells Cryptonews that they want to be the leader in Europe.
“The market in cryptocurrencies is worth billions, and more digital assets will emerge on the basis of blockchain. Our goal is to build the leading European trading venue for those assets, ”
On the other side of the Atlantic, Bakkt opened trading Sunday night, and 26 bitcoins have already been traded on the Intercontinental Exchange (ICE) platform. Other ICE portfolio companies include the venerable New York Stock Exchange, as well as several commodity exchanges and clearing houses around the world.