Deutsche Digital Assets partners with Safello 07 March 2025Germany Reporter: Jack McRae
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Deutsche Digital Assets (DDA) has partnered with Safello to issue white label crypto-backed exchange traded products (ETPs).
DDA will issue, list, and engage third parties to distribute ETPs with crypto exposure carrying the Safello brand through its white label crypto ETP platform.
Safello hopes to act as custodian of the underlying crypto-assets, once it has obtained authorisation under the Markets in Crypto Assets regulation.
The first ETP issued under this agreement will be fully backed by Bitcoin and listed on Nasdaq Stockholm.
Dominik Poiger, head of product management at DDA, comments: “The institutional and retail demand for transparent, regulated, and exchange listed crypto products continues to grow, and our white label crypto ETP platform ensures that our partners can bring their strategies to market efficiently and securely.”
Emelie Moritz, CEO of Safello, says: "By combining Safello’s 12 years of crypto know-how with DDA’s established success in exchange-traded offerings, this partnership strengthens our ecosystem, allowing us to provide both retail and institutional investors with secure crypto exposure.”
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