Germany’s second-largest stock exchange, Borse-Stuttgart, will the biggest shareholder in an exchange it has launched with Axel Springer and its subsidiary Finanzen.net.Axel Springer, based in Germany, is Europe’s largest digital publisher with a turnover of over of 3 Billion Euros will bring its digital marketing expertise to the venture and potentially gaining access to Finanzen’s 3.45 Million client base.
The new crypto platform will focus on combining investment information and a blockchain-based trading platform and help Borse-Stuttgart to fulfill its stated objective to build an end-to-end infrastructure for Digital assets.
As well as comprehensive information and the ability to trade Digital Assets it is expected that this new platform will also offer custody services, also available for retail and institutional clients.
