DZ Bank cooperates with Germany's Stuttgart Exchange and plans to provide digital asset custody solutions
DZ Bank has reached a partnership with the Stuttgart Stock Exchange in Germany for cryptocurrency trading and custody. DZ Bank will provide digital asset custody solutions, and the current scope of the partnership is to support the settlement, management, and custody of encrypted securities regulated by the German Electronic Securities Act. It is expected that the business will expand to selected encrypted assets in the second phase. It is reported that DZ Bank and the Stuttgart Stock Exchange may attempt to expand their business to retail customers in this cooperation.
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