Boerse Stuttgart Deepens Digital Asset Partnership with Axel Springer and SBIby Fintechnews Switzerland January 30, 2023
Boerse Stuttgart Group strengthens its digital business and further expands its strategic partnership with Axel Springer and SBI Group via SBI Digital Asset Holdings.
Both partners deepen their investment and are now invested in the entire digital business of Boerse Stuttgart Group, which will be bundled under the brand “Boerse Stuttgart Digital” in future. Boerse Stuttgart Digital offers trading and brokerage solutions and crypto custody for institutional clients, as well as the award-winning retail platform BISON.
“With Boerse Stuttgart Digital, we create a one-stop shop for institutional and retail clients along the entire value chain of cryptocurrencies and tokens. We are highly regulated, stable and transparent. We are the trusted crypto infrastructure partner for European financial institutions intending to provide their clients with secure access to cryptocurrencies and tokens. Axel Springer and SBI Group are globally leading digital companies who share our growth ambition. We are delighted to further scale Boerse Stuttgart Digital with them,”
said Dr. Matthias Voelkel, CEO of Boerse Stuttgart Group.
As the largest digital publishing house in Europe, Axel Springer will contribute its expertise with regard to retail offerings:
“Boerse Stuttgart Digital provides retail customers and institutional partners with a regulated offering along the entire value chain. This is unique in Europe. I am looking forward to the further cooperation and to supporting the offering in the future”,
said Dr Valentin Schöndienst, Senior Vice President New Business at Axel Springer.
The Japan based financial conglomerate SBI Group, via its subsidiary SBI Digital Asset Holdings, has built a global network of digital asset and cryptocurrency businesses. The network consists of a combination of strategic partnerships and minority investments and is complemented by the development of core digital asset products and services from within the group.
Featured image credit: Dr. Matthias Voelkel, CEO of Boerse Stuttgart Group