Europe is about to revolutionize: Boerse Stuttgart and Tradias join forces to create a new European crypto hub

Europe is about to revolutionize: Boerse Stuttgart and Tradias join forces to create a new European crypto hub

Enter the era of digital finance! Europe’s largest stock exchange, Boerse Stuttgart Group, has announced a strategic merger with innovative company Tradias, creating a strong player in the European cryptocurrency market. The move aims to build a regulated and comprehensive infrastructure for digital assets that will serve banks, brokers and financial institutions across Europe.

Merger revolutionizes crypto business

The merger of Boerse Stuttgart’s cryptocurrency division with Frankfurt-based Tradias will create a European hub that will offer a wide range of services – from trading and custody, to staking and asset tokenization. The new joint entity will operate in accordance with the strictest European regulations, including the MiCA directives, ensuring a safe and transparent environment for its clients.

The transaction, whose financial terms remain confidential, is estimated to be worth around €200 million (roughly $237 million) and will potentially value the group at more than half a billion dollars. The joint platform will bring together around 300 experts and strengthen Europe’s position on the global crypto map.

A strategic step towards the development of the European cryptocurrency market

“The merger between Boerse Stuttgart Digital and Tradias is key to enabling Europe to compete on a global scale,” says CEO Matthias Voelkel. The group is thus expanding its capabilities and strengthening its position as a major regulated player in the digital asset sector.

As a division of Bankhaus Scheich licensed by the German regulator BaFin, Tradias already has extensive experience in asset trading and tokenization. The partnership with AllUnity, the issuer of the EURAU stablecoin, further strengthens its position and paves the way for the wider use of digital assets in the European financial sector.

The future of the European crypto market is on the horizon

“This merger is a logical step in our growth,” says Tradias founder Christopher Beck. “We want to be the driving force behind the development of the European crypto market and offer clients fully regulated, secure and innovative services.”

With the growth of the crypto market in Europe, which is expected to reach a significant share of the group’s total revenues by 2024, it is clear that the digitalization of finance is on the rise. Boerse Stuttgart is heading into a new era that will bring not only greater security and regulation, but also wider opportunities for institutional investors and fintech companies.

Conclusion

The joining forces of Europe’s largest exchange with a leading digital crypto company marks a major step towards the development of European digital finance. The creation of a regulated, comprehensive and innovative crypto center not only strengthens Europe’s competitiveness on the global stage, but also testifies to the fact that digital assets are not only a trend but also the future of finance.

*This is not an investment recommendation.

The Coingarage Team