Boerse Stuttgart Digital Exchange (BSDEX) has launched

Today, trading has started on Boerse Stuttgart Digital Exchange (BSDEX). The BSDEX is the first regulated trading venue for digital assets in Germany where investors’ orders are executed directly against each other according to fixed rules.

BSDEX meets the regulatory requirements in accordance with section 2, paragraph 12 of the German Banking Act (Kreditwesengesetz). As a technology partner, solarisBank supported the Stuttgart Stock Exchange Group in the development of the trading venue and also provides important banking services for the operation of BSDEX.

Thus, the Berlin Banking-as-a-Service platform is responsible for payment processing and the safekeeping of customer funds in euros in the BSDEX credit account. The BSDEX account is is free of charge for users and is comprised by the German statutory deposit guarantee.

“We are very excited about the official launch of BSDEX, a large and immensely innovative project that will make a significant contribution to the digital transformation of the financial sector in Germany. The fact that the Stuttgart Stock Exchange, a pioneer and innovation leader amongst European trading centers, trusts us as a technology and banking partner makes us proud and shows our unique position in the market.”
– Michael Offermann, Managing Director of the Blockchain Factory at solarisBank

BSDEX is operated as a multilateral trading facility in accordance with section 2, paragraph 12 of the German Banking Act by Baden-Wuerttembergische Wertpapierboerse GmbH, which also is the operating company for the public stock exchange in Stuttgart. The technical operator of BSDEX is Boerse Stuttgart Digital Exchange GmbH, a joint venture of Boerse Stuttgart GmbH, Axel Springer and

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