Deutsche Börse Group to provide institutional customers with access to encryption assets via Clearstream

Clearstream and Crypto Finance, both of whom are a member of Deutsche Börse Group, facilitate access to digital assets with a new custody custody of institutional investors via Clearstream.

Clearstream, Deutsche Börse Group reinforce the business, its custody service portfolio to the encryption assets. Using Deutsche Börse Group Company Crypto Finance as secondary materials, Clearstream can rely on the leading market experience to provide settlement and custody services in encryption assets for institutional investors.

The show is expected to be launched in April this year.

In January, Crypto Finance laid the basis by obtaining a Micar license, allowing the company to serve customer throughout Europe while consolidating its organizational compliance and its leadership in industry.

Jens Hachmester, head of the source and new digital markets at Clearstream, Comments:

“Providing the encryption nursery is the next step in the Clearstream trip to digitize the financial markets. The organizational compatible solution provides the institutional class for customers quickly and quickly to the chapters of new assets while enjoying the best reliable and reliable trading systems. Universal to make encryption assets ready for collective accreditation.

With this new solution, Clearstream and Crypto Finance lays a new standard for encryption assets. The cooperation represents another milestone in developing coordinated digital financial markets and highlights the goal of Deutsche Börse Group, which is to balance innovation with security.

Stijn Vander Straemen, Crypto Finance Group, CEO:

“This offer places Deutsche Börse Group in an unparalleled location in the digital asset industry. We are now not only covering the original services via the direct interface, but also take advantage of the traditional bars that are implemented with most participants in the financial market, which means a very appropriate offer for any financial institution that wants to enter the encryption industry.”

The sub -contract will be provided by Crypto Finance (Deutschland) GmbH.

Central Central Securities Customer Customers (ICSD) can now use their current accounts in Clearstream Banking SA (Luxembourg, CBL) to reach a custody and settlement of the encryption currency, and benefit from delivery formats and coordinates with good semolina, such as Swift. Moreover, there is no contractual, technical and functional relationship with CRYPTO service providers.

Customer clients can choose Clearstream as a site for custody and settlement for the trading activity of the encryption that concluded 24/7 on different trading places.

The largest encrypted currencies by market value, bitcoin (actress with ISIN XTV15wlzjmf0) and ETHEREUM (representative with ISIN XTD5RG2FH04) are the first encryption assets in the Clearstream width range. More expansion of other encryption currencies will be considered, after the customer’s request.