Deutsche Börse Launches Crypto Exchange Targeting Institutional Investors

The stock exchange operator Deutsche Börse has launched a regulated platform focused on institutional investors for spot trading, settlement, and custody of cryptocurrency assets, named Deutsche Börse Digital Exchange (DBDX).

Settlement and custody services will be provided by its subsidiary Crypto Finance (Deutschland), which holds licenses from BaFin.

“We will ensure transparent and secure market operations with cryptocurrencies in compliance with regulatory requirements for institutional investors,” the press release states.

Deutsche Börse Group emphasized that the initiative is the first step in its Horizon 2026 strategy, which envisions the organization taking a leading role in the digitalization of asset classes. The goal is to significantly expand the range of tools available to major clients.

Operations on DBDX will be conducted on a request-for-quote basis. There are plans to launch multilateral trading in the future.

Back in February 2024, Ripple predicted significant shifts in the cryptocurrency market structure in favor of institutional demand.

In July, the bitcoin exchange EDX Markets, established with support from Citadel Securities, Fidelity Investments, and Charles Schwab, integrated solutions from the crypto trading infrastructure provider Talos.