Deutsche Börse Launches Regulated Spot Crypto Platform

Deutsche Börse Group, one of the world’s leading exchange organisations, has launched the Deutsche Börse Digital Exchange (DBDX), a crypto spot platform for institutional clients. DBDX offers a fully regulated and secure ecosystem for trading, settlement and custody of crypto assets that leverages the existing connectivity to market participants.

The offering fills a gap in the market and positions Deutsche Börse at the centre of the growing institutional market for digital assets, while providing clients with a comprehensive suite of innovative and secure financial solutions for digital assets from a single point of access and across the value chain.

As a first step, trading on the DBDX will take place on a Request for Quote (RfQ) basis, followed by multilateral trading. Deutsche Börse operates the trading venue and Crypto Finance (Deutschland) GmbH will provide settlement and custody services.

DBDX supports the necessary development of a trusted digital asset ecosystem that meets institutional-grade standards. It also marks a significant milestone as it strengthens the Group’s presence and demonstrates its ability to deliver innovative financial solutions for digital assets to clients in Germany and other European markets.

Carlo Kölzer, Deutsche Börse

Carlo Kölzer, Head of FX & Digital Assets at Deutsche Börse, comments: “Our new solution is a game changer for digital ecosystems. We aim to provide trusted market operations for crypto assets, ensuring transparency, security, and regulatory compliance for institutional clients in Europe.

This enhances market integrity and security. Crypto Finance, with its digital native capabilities in trading, settlement, and custody for crypto assets, will be a key part of the value chain. It is a first step towards realising Deutsche Börse’s ambition in the Horizon 2026 strategy to play a leading role in the digitalisation of asset classes.”