Overview

Boerse Stuttgart, one of Germany’s leading stock exchanges, has experienced a substantial increase in its cryptocurrency trading division, now accounting for approximately 25% of its overall revenue. In 2024, the exchange reported a nearly threefold increase in cryptocurrency trading volume, achieving its best performance ever.

• Bitcoin alone made up almost 50% of the exchange’s crypto revenue.
• This expansion coincides with the ETF craze in the United States, which saw inflows of $36.2 billion in 2024.

The platform has successfully attracted over one million cryptocurrency trading clients in the German-speaking world, indicating its growing influence among both professional and retail investors.

Key Highlights

• Boerse Stuttgart has approximately €4.3 billion ($4.45 billion) in custody for digital assets.
• The exchange has focused on developing its cryptocurrency trading platform for five years.
• Its retail trading app, BISON, enhances its service offerings, including a fully insured cryptocurrency staking service launched in collaboration with Munich Re.

For further details, visit the press release here.