Boerse Stuttgart Digital, Tradias agree merger to build European crypto hub
Boerse Stuttgart will merge its crypto arm with Tradias, creating a regulated European crypto unit providing services in trading, custody, staking and tokenized assets.
Boerse Stuttgart Group, operator of one of Europe’s largest stock exchanges, said it will merge its cryptocurrency business with Frankfurt-based digital asset trading firm Tradias in a strategic move to expand its presence in institutional crypto markets.
The transaction will consolidate about 300 employees under a joint management team from both companies, according to a Friday announcement.
The combined unit aims to cover multiple digital asset services, including brokerage, trading, custody, staking and tokenized assets. It will serve banks, brokers and other financial institutions across Europe, providing fully regulated crypto infrastructure, the announcement said.
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