Crypto trading on the new Deutsche Börse Digital Exchange (DBDX) for crypto assets goes live
– Regulated spot crypto asset trading platform is targeted at institutional clients
– Crypto Finance and DBDX provide a complete crypto ecosystem and value chain for institutional trading, settlement, and custody of crypto assets
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.”
Stijn Vander Straeten, Crypto Finance
Stijn Vander Straeten, CEO of Crypto Finance, states: “As a well-established Swiss company with a strong commitment to regulatory compliance and delivering top-tier financial solutions, we have further strengthened our position with the introduction of Crypto Finance in Germany as the settlement agent and custodian. This marks a pivotal moment in our mission to cultivate a resilient and trusted digital asset ecosystem together with Deutsche Börse, while also strengthening Crypto Finance’s well-established and regulated custody and settlement offering in Germany.”
At the end of 2023 Deutsche Börse Group reaffirmed within the Horizon 2026 strategy its objective to create a digital asset platform. In February, German regulator BaFin granted Crypto Finance (Deutschland) GmbH four licences which include regulated digital asset trading, settlement, and custody services in Germany. This was another precondition to start the platform, which had received a Multilateral Trading Facility (MTF) licence before already.
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
Pension funds, sovereign wealth funds, endowments and other institutional asset owners are sitting on vast troves of data -- but extracting value from that data is more challenging than ever.
#AssetOwners #DataQuality
Technology costs in asset management have grown disproportionately, but McKinsey research finds the increased spending hasn’t consistently translated into higher productivity.
#AI #Fiance
We're in the FINAL WEEK for the European Women in Finance Awards nominations – don't miss your chance to spotlight the incredible women driving change in finance!
#WomenInFinance #FinanceAwards #FinanceCommunity #EuropeanFinance @WomeninFinanceM
ICYMI: @marketsmedia sat down with EDXM CEO Tony Acuña-Rohter to discuss the launch of EDXM International’s perpetual futures platform in Singapore and what it means for institutional crypto trading.
Read the full interview: https://bit.ly/45xRUWh
Related articles
-
SEC's approval of generic listing standards for crypto ETFs could lead to hundreds of new funds.
-
Institutional demand for sophisticated, secure digital asset products continues to grow.
-
David Martin has joined AsiaNext as CEO of derivatives at the institutional digital asset exchange.
-
Perpetual-style futures have gained strong adoption in offshore markets.
-
SEC, CFTC said registered exchanges can trade spot crypto, including those with margin, leverage or financing.
We're Enhancing Your Experience with Smart Technology
We've updated our Terms & Conditions and Privacy Policy to introduce AI tools that will personalize your content, improve our market analysis, and deliver more relevant insights.These changes take effect on Aug 25, 2025.
Your data remains protected—we're simply using smart technology to serve you better. [Review Full Terms] | [Review Privacy Policy] By continuing to use our services after Aug 25, 2025, you agree to these updates.
