Boerse Stuttgart Digital and institutional crypto trading firm Tradias have completed their merger after clearing the required ownership control procedure, creating a combined digital asset infrastructure unit with about 300 employees.<\/p>\n
The transaction was first announced in February, when the companies agreed to combine their regulated crypto businesses<\/a> and expand their services for banks, brokers and other financial institutions across Europe.<\/p>\n The merged business will operate under the Boerse Stuttgart Digital name, while Tradias will remain the brand for trading services, according to a Wednesday announcement<\/a>.<\/p>\n The unit will provide trading, custody, staking and tokenization services and will be headquartered in Frankfurt and Stuttgart, with additional locations in Athens, Beirut, Berlin, Dubai, Madrid, Milan and Ljubljana.<\/p>\n Tradias founder Christopher Beck and Boerse Stuttgart Digital managing director Ulli Spankowski will serve as co-CEOs.<\/p>\n Boerse Stuttgart Digital serves institutions including DZ Bank, DekaBank, Intesa Sanpaolo and Soci\u00e9t\u00e9 G\u00e9n\u00e9rale-FORGE. Tradias works with clients including flatexDEGIRO, dwpbank and European government institutions.<\/p>\n Tradias provides trading and market-making services for more than 150 cryptocurrencies and other digital assets. Financial terms of the transaction were not disclosed.<\/p>\n Related: <\/strong><\/em>BNY to offer institutional crypto staking through Galaxy partnership<\/strong><\/em><\/a><\/p>\n Related:<\/strong> Bitcoin price<\/a> \u00b7 BTC live chart<\/a> \u00b7 Ethereum price<\/a> \u00b7 ETH gas fee<\/a> \u00b7 Bitcoin price today<\/a> \u00b7 Top 10 cryptocurrencies<\/a><\/p>\n