Deutsche Börse launches crypto spot platform for institutional clients
Deutsche Börse has announced the launch of its digital exchange, the Deutsche Börse Digital Exchange, which is a cryptocurrency spot trading platform for institutional clients. As a first step, DBDX's trading will be based on Request for Quote (RfQ), followed by multilateral trading. Deutsche Börse will lead the operation, while Crypto Finance (Deutschland) GmbH will provide settlement and custody services. Carlo Kölzer, Head of Foreign Exchange and Digital Assets at Deutsche Börse, said that the new solution will change the game rules of the digital ecosystem. Their goal is to provide a trustworthy market operation for cryptocurrencies, ensuring transparency, security, and compliance for European institutional clients.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana’s New Inflation Overhaul Proposal Fails, Stakeholders Say Vote Signals Strong Community Engagement
A proposal to revamp Solana’s inflation system has been rejected by stakeholders, yet it is being celebrated as a milestone for the network’s governance.
Telegram Founder's Departure Triggers 67% Spike in Toncoin Trading
XRP Price Surges Against Ether, Fueling Speculation of Market Cap Flip
Trending news
MoreCrypto prices
More
