Crypto Finance achieves BaFin licences 12 February 2024Germany Reporter: Lucy Carter
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Crypto Finance, part of Deutsche Börse, has received four licences from BaFin, the German Federal Financial Supervisory Authority.
Crypto Finance provides institutional-grade digital asset investment, custody and trading solutions. Its new licences include regulated digital asset trading, settlement and custody services in Germany.
This development strengthens the company’s position in the European digital asset ecosystem.
Stijn Vander Straeten, Crypto Finance Group CEO, says: "Crypto Finance (Deutschland) is now licensed by BaFin, the highest benchmark in regulatory oversight, as a crypto custody provider in Germany.
“This demonstrates our commitment to transparency and security but also positions us as a trusted entity in the market, contributing to the development of a reliable ecosystem for crypto assets."
Eric Viohl, managing director of Crypto Finance (Deutschland), comments: "Crypto Finance offers a comprehensive approach as a one-stop-shop solution for digital assets.
“Our offering goes beyond trading to include settlement, custody and post-trade services, creating a seamless experience for institutional investors seeking access to the world of digital assets."
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