Crypto Finance Secures Four BaFin Licences in Germany

  • RegTech
  • 12.02.2024 09:45 am

Crypto Finance AG, part of Deutsche Börse Group, has reached another milestone in its history. The prudentially FINMA-supervised provider of institutional-grade investment solutions, custody, and trading for digital assets has now also secured four licenses from the German Federal Financial Supervisory Authority, BaFin. The licenses for its subsidiary, Crypto Finance (Deutschland) GmbH, include regulated digital asset trading, settlement, and custody services in Germany. The new licenses further strengthen the company’s role in the regulated European digital asset value chain. This achievement also highlights Crypto Finance’s commitment to providing seamless institutional-grade services within the regulatory framework and solidifies its position in advancing the digital asset ecosystem.

Stijn Vander Straeten, the CEO of Crypto Finance Group, states: “We are excited that Crypto Finance (Deutschland) GmbH is now licensed by BaFin, the highest benchmark in regulatory oversight, as a crypto custody provider in Germany. It distinguishes our offering as one of the few to meet these exceptionally high standards. This demonstrates our commitment to transparency and security but also positions us as a trusted entity in the market, contributing to the development of a reliable ecosystem for crypto assets”.

Eric Viohl, Managing Director Crypto Finance (Deutschland) GmbH, comments: “Crypto Finance offers a comprehensive approach as a one-stop-shop solution for digital assets. Our commitment to covering the entire value chain sets us apart and we are now proud to be able to achieve significant milestones in Germany, where we offer highly regulated services. Our offering goes beyond trading to include settlement, custody, and post-trade services, creating a seamless experience for institutional investors seeking access to the dynamic world of digital assets”.

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