Deutsche Börse acquires majority in Crypto Finance Group

Monday 20 December 2021 12:49 CET | News

Deutsche Börse, a German stock market operator, has completed the acquisition of a majority stake in Crypto Finance, a Swiss firm focused on digital asset services.

The deal was initially signed in June 2021 but got officially closed on December 15. As a result of the initiative, the company will be able to provide its clients and partners with access to digital asset services, including post-trades.

The deal will allow Crypto Finance to access the German market ecosystem. The Swiss organisation has expanded its services to Asia by providing digital asset opportunities for Singapore-based customers.

A few weeks ago, Deutsche Börse announced the listing of a Bitcoin Spot ETN on its digital stock exchange, ‘Xetra.’ The new product came from Invesco – an American investment management company that tried to file for a BTC ETF in the USA earlier this year.

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Keywords: acquisition, digital assets, blockchain, crypto
Categories: DeFi & Crypto & Web3
Countries: Germany
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DeFi & Crypto & Web3

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