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German stock exchange Deutsche Börse acquires majority stake in Crypto Finance
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ambcrypto.comGermany-based leading stock exchange operator Deutsche Börse Group has completed its acquisition of a majority stake in Swiss fintech firm Crypto Finance AG, marking another milestone in the company’s continued foray into the cryptocurrency industry.
The exchange can now act as a direct entry point for digital asset investments and other post-trade services, such as custody of the assets. Crypto Finance currently offers 24/7 trading and brokerage of more than 200 digital assets along with in-house custody for institutional investors. The deal was first brokered in June, which at the time had been announced at US$108.6 million.
According to a press release, Crypto Finance will utilize a network of clients and the infrastructure of Deutsche
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