Deutsche Börse Unveils a Crypto Trading Platform

German stock market operator Deutsche Börse has recently debuted its own cryptocurrency trading platform specifically designed for institutional investors.

The platform, called Deutsche Börse Digital Exchange (DBDX), was launched on March 5 in collaboration with custody provider Crypto Finance.

It provides a regulated and secure environment for the trading, settlement, and custody of digital assets. DBDX will initially operate on a request-for-quote (RFQ) basis, where businesses can request quotes from selected suppliers and contractors.

This will then be followed by a multilateral trading facility, which allows for the exchange of financial instruments between multiple parties.

The DBDX plans to serve clients in Germany and other European markets, according to the announcement.