Deutsche Börse Group has launched its spot trading platform for cryptocurrency.
The platform is designed for institutional clients only and is called Deutsche Börse Digital Exchange (DBDX).
Custody services for crypto assets will be provided by Crypto Finance GmbH.
I am excited about this launch as it marks a major step forward for the institutional adoption of cryptocurrency. DBDX will provide a secure and regulated platform for institutional investors to trade cryptocurrencies, which will help to increase liquidity and reduce volatility in the market.
I believe that this launch is just the beginning of a wave of institutional adoption of cryptocurrency. As more and more institutions begin to invest in cryptocurrency, the market will continue to grow and mature. This will be good for the entire cryptocurrency ecosystem, as it will help to legitimize the asset class and attract new investors.
I am bullish on the long-term prospects of cryptocurrency and believe that it has the potential to revolutionize the global financial system. The launch of DBDX is a major step forward in this journey.
