Deutsche Börse launches spot crypto trading platform
Deutsche Börse has launched its crypto spot trading platform Deutsche Börse Digital Exchange (DBDX). DBDX will offer crypto trading services to institutional clients. Swiss-based platform Crypto Finance is the settlement and custody partner. Deutsche Börse, a leading securities and market infrastructure provider, has announced its crypto spot trading platform is now live. In a press release on Monday, targeting institutional clients. Deutsche Börse Group said the Deutsche Börse Digital Exchange (DBDX) targets institutional clients and will offer a fully regulated trading ecosystem. Settlement and custody of users’ cryptocurrency assets will tap into the services of custody provider Crypto Finance. Initially, access to crypto trading on the new platform will be on a Request-for-Quote (RfQ) basis. This means clients will have to solicit for quotes from select providers. “ Our new solution is a game changer for digital ec...