Deutsche Börse, a major German exchange, has introduced digital asset trading, settlement, and custody services as the price of cryptocurrencies continues to rise. by Ben Strack has written the following text: March 5, 2024 07:43 am. Blockworks made modifications to the image originally created by hyotographics and posted on Shutterstock. On Tuesday, Deutsche Börse Group, a large German exchange company, introduced a cryptocurrency spot platform to attract more interest from institutional investors in the digital asset market. Named the Deutsche Börse Digital Exchange (DBDX), this platform will enable the trading, clearing, and storage of digital assets, using the current connections to market players, the company announced on Tuesday. The specific types of digital assets that will be supported on the platform were not specified. The firm’s representative did not respond promptly to a comment request. Although Deutsche Börse oversees trading on the new exchange, its Crypto Finance subsidiary will provide settlement and custody services. In 2021, Deutsche Börse purchased a controlling interest in Crypto Finance. As part of its long-term strategy “Horizon 2026”, Deutsche Börse announced plans to launch a cryptocurrency platform the previous year.