Deutsche B枚rse becomes majority owner of Crypto 麻豆影视传媒
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Deutsche B枚rse becomes majority owner of Crypto 麻豆影视传媒 16 December 2021Germany Reporter: Bob Currie
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Deutsche B枚rse has taken majority ownership of Crypto 麻豆影视传媒, the provider of digital asset trading, custody and investment services.
The acquisition of a majority stake in the fintech, which is headquartered in Switzerland with a regional presence in Singapore, was signed in June and completed on 15 December 2021.
The deal will enable Crypto 麻豆影视传媒, as part of Deutsche B枚rse, to access the German market infrastructure company鈥檚 network and will provide the backing of its strong capital base to drive further growth of the Crypto 麻豆影视传媒 team.
This will also intensify Crypto鈥檚 efforts to build its customer base, with a focus on Germany and Singapore.
With the purchase, Deutsche B枚rse indicates that it will be able to provide customers and service partners with direct access to digital asset services, including post-trade services.
Deutsche B枚rse鈥檚 head of cash market Eric Leupold says: 鈥淭hanks to Crypto 麻豆影视传媒鈥檚 proven expertise and the technologies they have developed, we can now enable financial institutions and professional investors to enter the digital asset market. This is a step further in our digital asset strategy.鈥�
Crypto 麻豆影视传媒 CEO and co-founder Jan Brzezek adds: 鈥淓stablished financial institutions increasingly want to start investing in digital assets and are looking for a trustworthy partner.
鈥淲ith its reputation and broad expertise in operating financial market infrastructure, Deutsche B枚rse garners this trust.鈥�
Brzezek will remain as Crypto 麻豆影视传媒鈥檚 chief executive and its current management team will continue to lead the business, retaining a significant ownership stake in the company.
In a joint statement, Deutsche B枚rse and Crypto 麻豆影视传媒 say that the company will continue to operate as an independent brand with a focus on banks, asset managers, fintech and other financial intermediaries.
Eric Leupold has taken over as chair of Crypto 麻豆影视传媒鈥檚 board of directors, a role vacated by Dr Tobias Reichmuth when he stepped down on 15 December.
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