Deutsche Börse has launched DBDX, a regulated cryptocurrency trading platform, in partnership with Crypto Finance.

DBDX will cater to institutional clients, offering trading, settlement, and custody services, starting in Germany and other European countries.

The platform will utilize a Request-for-Quote (RfQ) trading system at its inception.

Swiss-based Crypto Finance will handle settlement and custody services, having gained regulatory approval from BaFin.

The initiative aligns with the evolving regulatory climate for digital assets and aims to solidify Germany as a premier financial center in Europe.