Deutsche Börse, a key player in securities and market infrastructure, has unveiled its latest offering, the crypto spot trading platform known as the Deutsche Börse Digital Exchange (DBDX).
The platform, designed for institutional clients, will provide a range of crypto trading services, with Swiss-based Crypto Finance serving as the partner for settlement and custody.
The launch of DBDX represents a significant move towards establishing a fully regulated trading environment for institutional clients in Europe, ensuring transparency, security, and compliance with regulations. Clients can initially access crypto trading through a Request-for-Quote (RfQ) method, where they can request quotes from selected providers.
Carlo Kölzer, head of FX & digital assets at Deutsche Börse, emphasized the platform’s commitment to providing a trustworthy market operation for crypto assets, offering a secure and compliant environment for institutional investors.
Furthermore, the collaboration with Crypto Finance, a regulated provider for crypto trading, settlement, and custody, underscores the platform’s dedication to building a resilient digital asset ecosystem in partnership with Deutsche Börse.
## Summary
Deutsche Börse has launched the crypto spot trading platform Deutsche Börse Digital Exchange (DBDX), catering to institutional clients with secure and compliant crypto trading services. Swiss-based Crypto Finance is the platform’s partner for settlement and custody services, ensuring a regulated trading ecosystem.
## FAQ
### What is the name of the new crypto trading platform launched by Deutsche Börse?
The new crypto trading platform launched by Deutsche Börse is known as the Deutsche Börse Digital Exchange (DBDX).
### Who are the target clients for DBDX?
DBDX is designed to cater to institutional clients seeking regulated crypto trading services in Europe.
### Which company is Deutsche Börse partnering with for settlement and custody services on the new platform?
Deutsche Börse has partnered with Swiss-based Crypto Finance for settlement and custody services on the DBDX platform.
### How can clients initially access crypto trading on the DBDX platform?
Clients can access crypto trading on the DBDX platform through a Request-for-Quote (RfQ) basis, where they can solicit quotes from selected providers.