The Frankfurt Stock Exchange includes a crypto trading facility in Strategy-2026
Deutsche Börse AG, the German stock exchange in Frankfurt, has included crypto in its strategic priorities for the next few years.
According to the strategic report “Horizon 2026” published on November 7, Deutsche Börse wants to “expand its leadership position in the area of digital platforms for existing and new asset classes.”
The company believes that in the long term, “the additional growth potential from new technologies is the digitization of existing or new asset classes.” Therefore, it intends to accelerate the development of the blockchain-backed D7 Digital Securities Registry and build a trading platform for digital assets.
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The digital asset platform serves institutional investors only and facilitates tokenization, trading, settlement and custody services for securities, alternative assets and cryptocurrencies. The presentation also mentions stablecoins and central bank digital currencies (CBDCs), although their potential platform status is not specified.
Deutsche Börse will not be the first stock exchange to enter digital asset trading. Germany's second-largest stock exchange, Borse Stuttgart, will begin offering cryptocurrency trading to its clients in April 2022. The London Stock Exchange Group is set to offer clearing services for dollar-denominated, cash-settled Bitcoin index futures and options contracts in 2024.
The Frankfurt Stock Exchange is by no means a startup for crypto. In the year In 2021, the digital exchange, Deutsche Börse Zetra, listed a Litecoin exchange-traded product (ETP) from the London-based ETC group.
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