Boerse Stuttgart Digital has partnered with Amazon Web Services to strengthen its cryptographic infrastructure, enabling European financial institutions to expand their services.
Boerse Stuttgart Digital, the German crypto infrastructure hub backed by Boerse Stuttgart Group, has partnered with Amazon Web Services to enhance its offering for European financial institutions as demand for crypto services continues to grow.
The partnership aims to improve the scalability of solutions designed for traditional banks, brokers and asset managers, the Stuttgart-based company said in a press release on Monday, October 14. said. The company said the partnership was born in response to an emerging trend in which private customers and businesses across Europe are “increasingly seeking reliable means to enter the crypto market.”
“Traditional financial institutions face a critical choice: to miss out on this structural trend or partner with established infrastructure providers that support trust, security, and reliability.”
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Commenting on the partnership, Matthias Voelkel, CEO of Bose Stuttgart Group, said that institutional investors will be able to “give their customers access to cryptocurrencies and digital assets without compromising trust, security and credibility.” We are keen to provide access to
The development comes as Boerse Stuttgart Digital expands its customer roster, particularly with DZ Bank, a major player in Germany’s cooperative banking sector and one of Europe’s largest banking groups. In mid-September, Boerse Stuttgart Digital announced that DZ Bank will enable its 700 cooperative banks to offer retail customers the ability to trade cryptocurrencies and have them stored by licensed trustees.
