Boerse Stuttgart, one of Germany’s leading stock exchanges, has seen great growth in cryptocurrency transactions in recent years. According to the statement, crypto transactions now account for approximately 25% of its total revenue.
Triple Increase in Crypto Trading Volume
In its press release published last year, Boerse Stuttgart Group stated that the crypto transaction volume increased almost threefold in 2024 and recorded its good performance. It was reported that the company holds assets worth approximately 4.3 billion euros in custody services.
The company’s CEO, Matthias Voelkel, said that approximately fifty percent of crypto trading revenues come from Bitcoin. $96,738.3He stated that it was created by . Voelkel told global news agency AFP that the company has been growing its crypto trading platform over the last five years.
Millions of Investors Withdrew
Boerse Stuttgart is focused on attracting both professional and individual investors in the German-speaking world. As a result of this strategy, the platform currently serves more than one million crypto customers.
“We invested in Bitcoin considering the advantages offered by blockchain technology and believe that the popularity of this technology will continue to grow.” -Voelkel
Voelkel stated that the company offers services through a digital stock market and an individual-oriented trading application called BISON. Last year, Boerse Stuttgart launched its fully insured crypto staking service on the BISON app, partnering with German insurance giant Munich Re and staking provider Staking Facilities.
These developments in the markets contributed to Boerse Stuttgart gaining a solid foothold in the cryptocurrency space.
Boerse Stuttgart continues to constantly improve its platform to maintain its success in cryptocurrency transactions. Investor interest and the addition of new services increase future growth potential.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
