Stuttgart Stock Exchange revenue grows exponentially thanks to Bitcoin

in LeoFinance2 days ago

1 million new customers

Stuttgart Boerse, the stock exchange in Stuttgart was appointed a license to trade Bitcoin and operate as a cryptocurrency custodian in 2023.

This has given the Stuttgart stock exchange a wild ride. It has contracted one million new customers in 2024, and its revenue skyrocketed. Of which 50 % was Bitcoin related.

The stock exchange now has 4.3 billion EUR worth of crypto assets in custody. The growing interest from institutional investors is only growing with MiCa, the European regulatory system for crypto assets, in place.

Hopefully this will jump over to other stock exchanges in the European continent.

Sincerely,

Pele23

Posted Using INLEO