The Frankfurt-based German stock exchange Deutsche Börse AG has incorporated crypto trading and the development of its blockchain-backed D7 digital securities registry into its long-term strategic objectives.
As stated in its strategic report “Horizont 2026,” released on November 7, ” Deutsche Borse aims to “enhance its dominant position in the domain of digital platforms for both established and emerging asset classes.”
Long-term, “further growth potential exists from new technologies through the digitalization of existing or new asset classes,” according to the organization.
As a result, the organization plans to expedite the construction of a trading platform for digital assets and advance the development of its D7 digital securities registry, which is blockchain-backed.
The digital asset platform will facilitate tokenization, trading, settlement, and custody services for institutional investors exclusively for cryptocurrencies, alternative assets, and securities.
Additional topics covered in the presentation include central bank digital currencies (CBDCs) and stablecoins; however, the precise nature of their inclusion on the prospective platform remains undisclosed.
Deutsche Borse will not be the initial stock exchange to trade digital assets. Boerse Stuttgart, the second-largest stock exchange in Germany, commenced cryptocurrency trading for its clients in April 2022.
Beginning in 2024, the London Stock Exchange Group will offer clearing services for Bitcoin index futures and options contracts settled in cash and in US dollars.
The Frankfurt Stock Exchange is quite experienced with cryptocurrencies. Deutsche Borse Xetra, its digital exchange, listed the Litecoin exchange-traded product (ETP) manufactured by the London-based ETC Group in 2021.
