By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > Markets > Crypto > Frankfurt Stock Exchange to Look Into Digital Platforms for Expansion of Asset Classes
Crypto

Frankfurt Stock Exchange to Look Into Digital Platforms for Expansion of Asset Classes

News Room
Last updated: 2023/11/09 at 9:51 PM
By News Room
Share
3 Min Read
SHARE

The Frankfurt Stock Exchange has listed the creation of a digital asset platform making development areas of its “Horizon 2026” strategy.

In a recent press release, Deutsche Borse,  owner of the Frankfurt Stock Exchange gave an insight into its plans for growth, investment, and onboarding institutional investors as it looks towards 2026.

Part of its master plan includes making inroads into digital assets by creating platforms for trading as well as increasing its asset classes and registry. Most users feel the move will add to the growing rate of adoption in Europe as the firm is keen on prioritizing crypto in the next few years.

“Deutsche Börse is a leader in the area of ​​digital applications. In the long term, there is further growth potential from new technologies through the digitalization of existing or new asset classes and corresponding trading and settlement platforms.”

The exchange plans a continued 7% growth until 2026 and the acquisition of new firms to boost its growth ratio. Furthermore, it plans a new capital management scheme and shares buybacks with 300 million euros as it grows.

As it expands its leading position in digital platforms, the exchange highlights the potential use of new technologies to streamline the digitization of asset classes and create better trading and settlement systems.

The company explained that Clearstream’s D7 digital post-trading platform is meant for investible and tradable instruments and will roll out shortly.

“The necessary basic investments are already included in the Horizon 2026 strategy, while the long-term positive effects on the group’s revenue are conservatively not included.”

More adoption in Europe?


The Frankfurt Stock Exchange recorded digital assets in 2021 when Deutsche Börse Xetra listed a Litecoin (LTC) traded product from the ETC Group. Boerse Stuttgart, another exchange in Germany started crypto trading last year.

The exchange plans to ensure and fast-track tokenization and its related trading activities to institutional investors. In the past months, as Europe’s numbers surged, Germany has ranked high in digital asset fund inflows from institutional investors.

This year has seen Europe record an increasing number of institutional investors and crypto firms than most regions. Several analysts have tipped a better regulatory environment than what is obtainable in North America as a huge factor for the recent surge.

The signing of the Markets in Crypto Assets (MiCA) changes the narrative as all stakeholders are now keen on their responsibilities and powers. This growth is also seen around Asian markets with regulation being prioritized.


Enter your email for our Free Daily Newsletter

A quick 3min read about today’s crypto news!

Read the full article here

News Room November 9, 2023 November 9, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Texas flash flood claims at least 24 lives

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

Dealmakers hit pause on M&A as caution rules the boardroom

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

Opec+ plans to boost oil output in bid to win back market share

Stay informed with free updatesSimply sign up to the Oil & Gas…

All hail the equity vigilantes

Stay informed with free updatesSimply sign up to the Capital markets myFT…

Apple races to box office glory with Brad Pitt’s F1 blockbuster

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

- Advertisement -
Ad imageAd image

You Might Also Like

Crypto

'Fundamental Shift' in Traditional Bitcoin Market Cycle May Be on the Horizon

By News Room
Crypto

FTX/Alameda Unstakes Over $1B in Solana – Is a Major Price Shift Coming?

By News Room
Crypto

Mastercard Launches “Crypto Credential” To Replace Wallet Addresses With Usernames

By News Room
Crypto

Polygon Executive Pivots Roles To Developing ZK Proof Tech

By News Room
Crypto

Altcoin Interest Driving South Korean Crypto Craze – Report

By News Room
Crypto

Russian Central Bank Flags Sharp Rise in Crypto-related Activity

By News Room
Crypto

BitGo’s $100M Suit Against Galaxy Gets Green Light from Delaware Supreme Court

By News Room
Crypto

Here Are Your Top Crypto Gainers Today on DEXScreener

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?