logo
Plus   Neg
Share
Email

Germany's Stock Exchange To Launch ICO Platform

ico-aug3-lt.jpg

Germany's second-largest stock exchange will soon be launching an end-to-end infrastructure for digital assets, including an Initial Coin Offerings platform to provide valued services under one roof.

The German bourse, Boerse Stuttgart said they will soon set up a platform for ICOs after the start of cryptocurrency trading via its free app called "BISON." The launch of the app was announced in April. The app will be available from September this year.

An ICO platform will allow the issuance of digital tokens, for purposes including corporate financing or to represent rights and assets.

The platform will also make it possible to carry out ICOs with standardized and transparent processes, Boerse Stuttgart said.

"Boerse Stuttgart Group is establishing a multilateral and regulated trading venue for cryptocurrencies. At the trading venue tokens issued via our ICO platform can be traded on the secondary market," Alexander Höptner, CEO at Boerse Stuttgart GmbH, said.

The infrastructure of Boerse Stuttgart Group for digital assets is complemented by solutions for safe custody.

The services will include differentiated safety concepts for digital assets and will already be available for the start of BISON. Later on it will be possible to use the custody service along the entire value chain.

For comments and feedback contact: editorial@rttnews.com

Business News

Follow RTT