Germany’s Börse Stuttgart Exchange Furthers Crypto Development Plans
The second largest stock exchange in Germany — Börse Stuttgart — is making new steps to fulfill the plans of creating a cryptocurrency trading platform.
Back in August, the exchange partnered with Sowa Labs for the development of the BISON mobile app, which will reportedly offer a variety of trading tools. With an ICO platform also in the talks, the exchange sure doesn’t spare time and resources in order to join the crypto trading business.
For the BISON app to function, an underlying infrastructure is needed, and this is precisely what Börse will get through their newly-announced partnership with solarisBank. The latter will become the exchange’s banking and finance partner and will help in the development of the zero-free platform, which will be secure, fast and transparent and will provide more value to the customers.
Regarding the partnership, BSG’s CEO Alexander Höptner said: “With its combination of technology and banking expertise, solarisBank is a great partner for us to offer convenient services along the value chain for digital assets. SolarisBank’s blockchain factory helps us to take the trade in cryptocurrencies and tokens to a new level and set standards in transparency and reliability,”
Once the project is finalized, the platform will be readily available to all investors — private and institutional. In the beginning, the only cryptocurrency that will be available for trading will be BTC and ETH, with plans for future expansions.
It is said that the trading on the BSG platform will be comparable to that of securities and will offer similar options to traders.