Deutsche B枚rse extends digital asset offering with acquisition of Crypto 麻豆影视传媒
29 June 2021 Germany
Image: k24wi/adobe.stock.com
Deutsche B枚rse Group has acquired a majority stake in Crypto 麻豆影视传媒, a financial group under consolidated FINMA supervision that offers trading, storage, and investment in digital assets to institutional and professional clients.
The acquisition will see Deutsche B枚rse further extend its offering for digital assets by providing a direct entry point for investments, including post-trade services such as custody.
Crypto 麻豆影视传媒 Group offers trading and brokerage of more than 200 digital assets in combination with an in-house custody solution.
According to Deutsche B枚rse, Crypto 麻豆影视传媒 bridges the problem of liquidity fragmentation in the market.
An asset management unit under FINMA regulation also enables investor access to the digital asset class via an active and rule-based alternative investment fund offering.
As part of Deutsche B枚rse Group, Crypto 麻豆影视传媒 will be able to further scale the business and expand the range of digital asset services.
Deutsche B枚rse says it also intends to make Crypto 麻豆影视传媒鈥檚 offering easily accessible for participants via its established platforms.
As part of the deal, Deutsche B枚rse will hold a two-thirds majority in the 2017-founded fintech.
The remaining shares stay with existing investors, including CEO and founder Jan Brzezek, who will continue to lead and manage the business.
The transaction is expected to close in Q4 2021, following regulatory approvals.
Thomas Book, executive board member for trading and clearing at Deutsche B枚rse, says: 鈥淲e are excited that Crypto 麻豆影视传媒 is joining the group. The team is an ideal strategic fit, and will help us tremendously on our way to building a trusted and fully regulated digital asset ecosystem for institutional investors in Europe.鈥�
鈥淐rypto 麻豆影视传媒 perfectly complements our recent offerings like 360X, the innovative DLT-based platform for serial marketplace creation, and our leading, centrally-cleared crypto ETNs,鈥� Book comments.
Jan Brzezek, CEO and founder, of Crypto 麻豆影视传媒, adds: 鈥淪ince the beginning, our goal was to bridge the old and new worlds. This is why we are excited to team up with a neutral partner like Deutsche B枚rse, who brings trust, reputation, and expertise in traditional financial market infrastructure.鈥�
The acquisition will see Deutsche B枚rse further extend its offering for digital assets by providing a direct entry point for investments, including post-trade services such as custody.
Crypto 麻豆影视传媒 Group offers trading and brokerage of more than 200 digital assets in combination with an in-house custody solution.
According to Deutsche B枚rse, Crypto 麻豆影视传媒 bridges the problem of liquidity fragmentation in the market.
An asset management unit under FINMA regulation also enables investor access to the digital asset class via an active and rule-based alternative investment fund offering.
As part of Deutsche B枚rse Group, Crypto 麻豆影视传媒 will be able to further scale the business and expand the range of digital asset services.
Deutsche B枚rse says it also intends to make Crypto 麻豆影视传媒鈥檚 offering easily accessible for participants via its established platforms.
As part of the deal, Deutsche B枚rse will hold a two-thirds majority in the 2017-founded fintech.
The remaining shares stay with existing investors, including CEO and founder Jan Brzezek, who will continue to lead and manage the business.
The transaction is expected to close in Q4 2021, following regulatory approvals.
Thomas Book, executive board member for trading and clearing at Deutsche B枚rse, says: 鈥淲e are excited that Crypto 麻豆影视传媒 is joining the group. The team is an ideal strategic fit, and will help us tremendously on our way to building a trusted and fully regulated digital asset ecosystem for institutional investors in Europe.鈥�
鈥淐rypto 麻豆影视传媒 perfectly complements our recent offerings like 360X, the innovative DLT-based platform for serial marketplace creation, and our leading, centrally-cleared crypto ETNs,鈥� Book comments.
Jan Brzezek, CEO and founder, of Crypto 麻豆影视传媒, adds: 鈥淪ince the beginning, our goal was to bridge the old and new worlds. This is why we are excited to team up with a neutral partner like Deutsche B枚rse, who brings trust, reputation, and expertise in traditional financial market infrastructure.鈥�
← Previous industry article
Sharegain releases new platform to ease challenge of borrowing securities
Sharegain releases new platform to ease challenge of borrowing securities
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities 麻豆影视传媒 Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities 麻豆影视传媒 Times
