Boerse Stuttgart Digital, Tradias close European crypto merger
The completed tie-up combines Boerse Stuttgart Digital’s custody business with Tradias’ trading operations under a joint management team.
Boerse Stuttgart Digital and Tradias have successfully merged their European crypto businesses, forming a joint digital asset infrastructure unit with approximately 300 employees. The companies, which operate in the regulated crypto space, announced the merger in February, aiming to expand their services for banks, brokers, and financial institutions across Europe.
The merged entity will operate under the Boerse Stuttgart Digital name, with Tradias responsible for trading services. The new unit will offer trading, custody, staking, and tokenization services, with headquarters in Frankfurt and Stuttgart, and additional offices in Athens, Beirut, Berlin, Dubai, Madrid, Milan, and Ljubljana. Tradias' founder, Christopher Beck, and Boerse Stuttgart Digital's managing director, Ulli Spankowski, will serve as co-CEOs.
Boerse Stuttgart Digital currently serves clients such as DZ Bank, DekaBank, Intesa Sanpaolo, and Société Générale-FORGE, while Tradias works with flatexDEGIRO, dwpbank, and European government institutions. The transaction involved trading and market-making services for over 150 cryptocurrencies and other digital assets, though the financial terms were not disclosed.
Written by urgent.news from Cointelegraph's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
