Deutsche Borse Group, a major German stock exchange operator, announced that it acquired a majority stake of Crypto Finance, a FINMA-regulated digital asset firm that offers asset management, brokerage and storage infrastructure as well as tokenisation solutions. Also, the two firms signed the agreement in June and closed the deal on December 15, 2021.

With the purchase now at hand, Deutsche Börse stated that it would be able to provide its service partners and customers with direct and easy access to digital asset services including post-trade services. In addition, a broad range of digital assets is made accessible to existing customers and new market players through their established platforms. Though, the collaboration will serve to optimize processes and systems within the two sister companies.

As Crypto Finance is now part of Deutsche Börse, the digital asset service provider will leverage access to Deutsche Borse’s German market infrastructure and client network. The crypto service enabler will offer the backing of its strong capital base to further grow its team and strategically broaden both its service and product portfolio. Moreover, the partnership will help the crypto firm to intensify the expansion of its customer base, with a focus on Germany in Europe and Singapore in Asia.

Deutsche Börse’s Head of Cash Market, Eric Leupold talked about the development and 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.”

Meanwhile, Crypto Finance CEO and Co-Founder, Jan Brzezek commented about the development and said: “Established financial institutions increasingly want to start investing in digital assets and are looking for a trustworthy partner. With its reputation and broad expertise in operating financial market infrastructure, Deutsche Börse garners this trust.”

Additionally, Brzezek will remain the CEO of Crypto Finance, and his current management team will continue operating as an independent entity with its focus targeting fintech firms, asset management firms, banks and other financial intermediaries.

Eric Leupold has become the Chairman of Crypto Finance’s Board of Directors, a role which was previously occupied by Tobias Reichmuth, the Co-Founder of Crypto Finance.

Expanding Crypto Offerings Via Regulated Trading Venues

The development by Deutsche Borse buying the majority ownership of Crypto Finance comes at a time when the popularity of cryptocurrency trading is rising significantly among retail and institutional investors. In June 2020, Deutsche Börse became the first  exchange  Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing.Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. Who is Listed on an Exchange?As trading continues to transition more to electronic exchanges, transactions become more dispersed through varying exchanges. This in turn has caused a surge in the implementation of trading algorithms and high-frequency trading applications. In order for a company to be listed on a stock exchange for example, a company must divulge information such as minimum capital requirements, audited earnings reports, and financial reports.Not all exchanges are created equally, with some outperforming other exchanges significantly. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq. Outside of trading, a stock exchange may be used by companies aiming to raise capital, this is most commonly seen in the form of initial public offerings (IPOs).Exchanges can now handle other asset classes, given the rise of cryptocurrencies as a more popularized form of trading. An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing.Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. Who is Listed on an Exchange?As trading continues to transition more to electronic exchanges, transactions become more dispersed through varying exchanges. This in turn has caused a surge in the implementation of trading algorithms and high-frequency trading applications. In order for a company to be listed on a stock exchange for example, a company must divulge information such as minimum capital requirements, audited earnings reports, and financial reports.Not all exchanges are created equally, with some outperforming other exchanges significantly. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq. Outside of trading, a stock exchange may be used by companies aiming to raise capital, this is most commonly seen in the form of initial public offerings (IPOs).Exchanges can now handle other asset classes, given the rise of cryptocurrencies as a more popularized form of trading. Read this Term in the world to launch trading in centrally cleared crypto products. As a result, investors currently have access to a continuously increasing number of exchange-traded notes (ETNs), unsecured debt securities, that track prices of  cryptocurrencies  Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the networks which are used to authenticate blockchain technology. Cryptocurrencies can be thought of as systems that accept online payments which are denoted as “tokens.” Tokens are represented as internal ledger entries in blockchain technology while the term crypto is used to depict cryptographic methods and encryption algorithms such as public-private key pairs, various hashing functions, and an elliptical curve. Every cryptocurrency transaction that occurs is logged in a web-based ledger with blockchain technology.These then must be approved by a disparate network of individual nodes (computers that maintain a copy of the ledger). For every new block generated, the block must first be authenticated and confirmed ‘approved’ by each node, which makes forging the transactional history of cryptocurrencies nearly impossible. The World’s First CryptoBitcoin became the first blockchain-based cryptocurrency and to this day is still the most demanded cryptocurrency and the most valued. Bitcoin still contributes the majority of the overall cryptocurrency market volume, though several other cryptos have grown in popularity in recent years.Indeed, out of the wake of Bitcoin, iterations of Bitcoin became prevalent which resulted in a multitude of newly created or cloned cryptocurrencies. Contending cryptocurrencies that emerged after Bitcoin’s success is referred to as ‘altcoins’ and they refer to cryptocurrencies such as Bitcoin, Peercoin, Namecoin, Ethereum, Ripple, Stellar, and Dash. Cryptocurrencies promise a wide range of technological innovations that have yet to be structured into being. Simplified payments between two parties without the need for a middle man is one aspect while leveraging blockchain technology to minimize transaction and processing fees for banks is another. Of course, cryptocurrencies have their disadvantages too. This includes issues of tax evasion, money laundering, and other illicit online activities where anonymity is a dire ingredient in solicitous and fraudulent activities. By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the networks which are used to authenticate blockchain technology. Cryptocurrencies can be thought of as systems that accept online payments which are denoted as “tokens.” Tokens are represented as internal ledger entries in blockchain technology while the term crypto is used to depict cryptographic methods and encryption algorithms such as public-private key pairs, various hashing functions, and an elliptical curve. Every cryptocurrency transaction that occurs is logged in a web-based ledger with blockchain technology.These then must be approved by a disparate network of individual nodes (computers that maintain a copy of the ledger). For every new block generated, the block must first be authenticated and confirmed ‘approved’ by each node, which makes forging the transactional history of cryptocurrencies nearly impossible. The World’s First CryptoBitcoin became the first blockchain-based cryptocurrency and to this day is still the most demanded cryptocurrency and the most valued. Bitcoin still contributes the majority of the overall cryptocurrency market volume, though several other cryptos have grown in popularity in recent years.Indeed, out of the wake of Bitcoin, iterations of Bitcoin became prevalent which resulted in a multitude of newly created or cloned cryptocurrencies. Contending cryptocurrencies that emerged after Bitcoin’s success is referred to as ‘altcoins’ and they refer to cryptocurrencies such as Bitcoin, Peercoin, Namecoin, Ethereum, Ripple, Stellar, and Dash. Cryptocurrencies promise a wide range of technological innovations that have yet to be structured into being. Simplified payments between two parties without the need for a middle man is one aspect while leveraging blockchain technology to minimize transaction and processing fees for banks is another. Of course, cryptocurrencies have their disadvantages too. This includes issues of tax evasion, money laundering, and other illicit online activities where anonymity is a dire ingredient in solicitous and fraudulent activities. Read this Term (such as Bitcoin, Ethereum, Cardano, Solana, stellar, Polkadot, Litecoin, bitcoin cash, Tezos and Tron) offered by providers on Deutsche Börse stock exchange. With such offerings, Deutsche Börse’s Xetra trading platform is becoming the European market leader in crypto ETN trading.

Crypto ETNs provide important benefits to investors in various ways as follows. Since such products are traded on-exchange, investors do not have to go to unregulated trading platforms to invest in cryptocurrencies. With the accessibility of Deutsche Börse’s Xetra trading venue, investors can rely on using the largest- exchange based ETF trading platform with a high level of liquidity and the highest regulatory standard in Europe. Furthermore, investors do not need to create their own cryptographic keys or crypto wallets since the crypto ETNs products are traded on-exchange. Lastly, investors benefit from significantly reduced risks because of central clearing of the trades, which are operated by Eurex Clearing, a central counterparty owned by Deutsche Börse Group.