Boerse Stuttgart Group, via its subsidiary Boerse Stuttgart Digital Custody GmbH, has become Germany’s first crypto asset service provider to secure a European Union(EU)-wide license under the Markets in Crypto Assets (MiCA) Regulatory Framework.
This achievement positions the company, already Germany’s largest stock exchange provider, as a leading regulated infrastructure provider for European financial institutions.
MiCA officially took full effect in December 2024 following its passage and ratification by the EU parliament in 2023. The regulatory framework is expected to harmonize cryptocurrency regulations across Europe by offering clear guidelines for service providers and improving investor protection.
Oliver Vins, Managing Director and Chief Finance & Regulatory Officer of Boerse Stuttgart Digital, described the feat as a demonstration of the firm’s commitment to fostering a transparent, secure, and regulated crypto market and positioning Germany as a more competitive player in the European crypto landscape.
CEO Matthias Voelkel emphasized that this milestone will enable the company to expand its offerings, providing integrated solutions for financial institutions and accelerating the growth of its digital business across Europe.
“Securing the MiCAR license marks a significant milestone for the Boerse Stuttgart Group. Building on this foundation, we will broaden Boerse Stuttgart Digital’s offerings with integrated solutions for financial institutions across Europe, accelerating the internationalization and structural growth of our digital business,”
Voelkel noted.
Boerse Stuttgart’s crypto operations have grown significantly in recent years, with digital asset trading now representing 25% of its total revenue. The exchange currently manages €4.3 billion in digital assets and serves over a million traders. Bitcoin transactions account for approximately half of its crypto trading volume, which has tripled over the past year.
The Group is betting on growing global crypto demand. It has revealed that it will expand its services for banks and financial institutions and leverage liquidity provider partnerships. Voelkel is optimistic about market growth, especially with Trump’s Bitcoin-focused vision.
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