🇪🇺 European Crypto Giants Emerge: Boerse Stuttgart Partners with Tradias!
One of Europe’s largest stock exchanges, Boerse Stuttgart Group (BSG), has officially announced the merger of its digital assets division with trading company Tradias.
What does this mean for the market?
The two parties will create a unified platform dedicated to serving institutional clients such as banks, brokers, and asset management companies. The new entity will provide a full range of services: from brokerage trading, staking to tokenization and custody, achieving a "one-stop" connection.
Core Data Overview:
• Valuation: According to Bloomberg, the valuation of the merged company will exceed $590 million (Tradias is valued at approximately €200 million).
• Scale: A professional team of about 300 employees and a unified management structure.
• Compliance: Fully compliant with EU MiCA regulations and holds a license from the Federal Financial Supervisory Authority (BaFin) of Germany.
Why is it worth paying attention to?
BSG CEO Matthias Voelkel stated that this merger is an important step in the consolidation of the European crypto market. Following the recent opening of cryptocurrency ETN trading to retail clients by ING Bank’s German branch, we once again witness the deep integration of traditional finance (TradFi) and digital assets.
Europe is laying a solid regulatory and infrastructure foundation for the next wave of institutional bull markets.🚀
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