Boerse Stuttgart Digital, the crypto arm from Stuttgart Stock Exchange Group, has entered the Spanish market with a new office in Madrid, the company said Tuesday. The move is expanding its European footprint to eight nodes, including Frankfurt, Zurich and Milan.
The company, which earlier this year received the first Europe-wide mikar license from Germany’s Bafin regulator, provides crypto trading and custody designed for banks, brokers and asset managers.
Its modular platform lets institutions integrate cryptocurrency services into their retail offerings while remaining in accordance with the European Union’s new markets in crypto assets (Micar) frames.
Spain’s appetite for digital assets is increasing. Market surveys suggest that more than half of the population could adopt cryptocurrencies in 2025, presenting an opening to financial companies that seek to meet the client’s demand. Boerse Stuttgart Digital said it is already in discussions with large Spanish banks to offer regulated crypto access.
“Spain, with its high -riing, innovative banks, is a core market for us,” Dr. Matthias Voelkel, CEO of Boerse Stuttgart Group. “We are already engaged in advanced collaborative discussions with key players.”
