The digital business of the German stock exchange Boerse Stuttgart receives a new impetus

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Boerse Stuttgart, Germany’s second largest Sotck exchange

Sotck exchange

A stock exchange, also known as a stock exchange or stock exchange, is a facility where brokers and traders can buy and sell securities. This includes stocks, bonds, exchange-traded funds (ETFs) or other financial instruments. By extension, stock exchanges may also provide facilities for the issue and redemption of such securities and capital instruments and events, including the payment of income and dividends.

A stock exchange, also known as a stock exchange or stock exchange, is a facility where brokers and traders can buy and sell securities. This includes stocks, bonds, exchange-traded funds (ETFs) or other financial instruments. By extension, stock exchanges may also provide facilities for the issue and redemption of such securities and capital instruments and events, including the payment of income and dividends.
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, boosted its digital business with additional investment from Tokyo-based financial services firm SBI Group and digital publisher Axel Springer. Boerse announced on Friday that the two companies are now fully committed to its digital business.

As part of its digital business, the German exchange offers crypto trading and custody solutions to institutional clients. It also offers retail crypto trading through the BISON app that was launched in 2019.

In a statement on Friday, Boerse Stuttgart, which is the sixth largest exchange group in Europe, revealed its intention to organize all of its digital activities under a new branch to be called Boerse Stuttgart Digital and which will be launched “in the future”.

Speaking in the statement, Dr Matthias Voelkel, CEO of the Boerse Stuttgart Group, expressed his enthusiasm for the new investment, adding that Axel Springer and SBI Group share the company’s “growth ambition”.

“The fact that Axel Springer and the SBI Group are extending their strategic partnership with the Boerse Stuttgart Group underlines their confidence in our group’s digital business as a regulated player”, added Dr. Christian Ricken, Chairman of the Executive Committee. of the Boerse Stuttgart group. added.

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Watch the recent FMLS22 session on retail and institutional trading.

Meanwhile, Axel Springer and SBI Group’s increased investment in Boerse Stuttgart comes nearly two months after the exchange increased BISON’s portfolio of digital assets to 17. cryptocurrencies

Cryptocurrencies

Using cryptography, virtual currencies, known as cryptocurrencies, are nearly unforgeable digital currencies that are based on blockchain technology. Composed of decentralized networks, blockchain technology is not overseen by a central authority. Therefore, cryptocurrencies operate in a decentralized manner, which theoretically makes them immune to government interference. The term cryptocurrency derives from the origin of the encryption techniques used to secure the network.

Using cryptography, virtual currencies, known as cryptocurrencies, are nearly unforgeable digital currencies that are based on blockchain technology. Composed of decentralized networks, blockchain technology is not overseen by a central authority. Therefore, cryptocurrencies operate in a decentralized manner, which theoretically makes them immune to government interference. The term cryptocurrency derives from the origin of the encryption techniques used to secure the network.
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with the addition of seven new parts. The new cryptocurrencies added were ALGO (Algorand), SAND (Sandbox), SHIB (Shiba Inu), AAVE (Aave), MANA (Decentraland), MATIC (Polygon) and DOGE (Dogecoin).

In a statement, Dr. Ulli Spankowski, who is also Chief Digital Officer of Boerse Stuttgart Group and CEO of BISON, noted that the company remains committed to providing its customers “a safe and reliable environment to trade and store their cryptocurrencies.” .

Meanwhile, in May last year, FlatexDegiro, an online stockbroker based in Germany, branched out into crypto trading, offering initial access to digital asset trading to its clients via the BISON app from Boerse Stuttgart. The broker has also integrated the services of Blocknox, another subsidiary of Boerse Stuttgart, to safeguard the digital assets of its clients.

Boerse Stuttgart, Germany’s second largest Sotck exchange

Sotck exchange

A stock exchange, also known as a stock exchange or stock exchange, is a facility where brokers and traders can buy and sell securities. This includes stocks, bonds, exchange-traded funds (ETFs) or other financial instruments. By extension, stock exchanges may also provide facilities for the issue and redemption of such securities and capital instruments and events, including the payment of income and dividends.

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A stock exchange, also known as a stock exchange or stock exchange, is a facility where brokers and traders can buy and sell securities. This includes stocks, bonds, exchange-traded funds (ETFs) or other financial instruments. By extension, stock exchanges may also provide facilities for the issue and redemption of such securities and capital instruments and events, including the payment of income and dividends.
Read this term, boosted its digital business with additional investment from Tokyo-based financial services firm SBI Group and digital publisher Axel Springer. Boerse announced on Friday that the two companies are now fully committed to its digital business.

As part of its digital business, the German exchange offers crypto trading and custody solutions to institutional clients. It also offers retail crypto trading through the BISON app that was launched in 2019.

In a statement on Friday, Boerse Stuttgart, which is the sixth largest exchange group in Europe, revealed its intention to organize all of its digital activities under a new branch to be called Boerse Stuttgart Digital and which will be launched “in the future”.

Speaking in the statement, Dr Matthias Voelkel, CEO of the Boerse Stuttgart Group, expressed his enthusiasm for the new investment, adding that Axel Springer and SBI Group share the company’s “growth ambition”.

“The fact that Axel Springer and the SBI Group are extending their strategic partnership with the Boerse Stuttgart Group underlines their confidence in our group’s digital business as a regulated player”, added Dr. Christian Ricken, Chairman of the Executive Committee. of the Boerse Stuttgart group. added.

Watch the recent FMLS22 session on retail and institutional trading.

Meanwhile, Axel Springer and SBI Group’s increased investment in Boerse Stuttgart comes nearly two months after the exchange increased BISON’s portfolio of digital assets to 17. cryptocurrencies

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Cryptocurrencies

Using cryptography, virtual currencies, known as cryptocurrencies, are nearly unforgeable digital currencies that are based on blockchain technology. Composed of decentralized networks, blockchain technology is not overseen by a central authority. Therefore, cryptocurrencies operate in a decentralized manner, which theoretically makes them immune to government interference. The term cryptocurrency derives from the origin of the encryption techniques used to secure the network.

Using cryptography, virtual currencies, known as cryptocurrencies, are nearly unforgeable digital currencies that are based on blockchain technology. Composed of decentralized networks, blockchain technology is not overseen by a central authority. Therefore, cryptocurrencies operate in a decentralized manner, which theoretically makes them immune to government interference. The term cryptocurrency derives from the origin of the encryption techniques used to secure the network.
Read this term with the addition of seven new parts. The new cryptocurrencies added were ALGO (Algorand), SAND (Sandbox), SHIB (Shiba Inu), AAVE (Aave), MANA (Decentraland), MATIC (Polygon) and DOGE (Dogecoin).

In a statement, Dr. Ulli Spankowski, who is also Chief Digital Officer of Boerse Stuttgart Group and CEO of BISON, noted that the company remains committed to providing its customers “a safe and reliable environment to trade and store their cryptocurrencies.” .

Meanwhile, in May last year, FlatexDegiro, an online stockbroker based in Germany, branched out into crypto trading, offering initial access to digital asset trading to its clients via the BISON app from Boerse Stuttgart. The broker has also integrated the services of Blocknox, another subsidiary of Boerse Stuttgart, to safeguard the digital assets of its clients.

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