Boerse Stuttgart, one of Germany’s leading stock exchanges, crypto para It reported a significant increase in its trading business and now accounts for approximately 25% of the exchange’s total revenue.
According to a press release issued at the close of 2024, the exchange group achieved its best performance to date, nearly tripling its cryptocurrency trading volume. Although specific figures were not disclosed, Boerse Stuttgart announced that it has 4.3 billion euros ($4.45 billion) in cryptocurrency custody.
This significant growth has coincided with a broader wave of excitement surrounding cryptocurrency spot exchange-traded funds (ETFs) in the United States, which have seen $36.2 billion in inflows in 2024.
Bitcoin has taken its place as the dominant cryptocurrency on the platform, accounting for approximately 50% of its crypto-related revenue. Matthias Voelkel, CEO of Boerse Stuttgart, attributed this success to the exchange’s strategic efforts to develop its cryptocurrency trading platform over the past five years.
Voelkel, who is personally invested in Bitcoin, expressed his confidence in the long-term potential of blockchain technology and the growing popularity of cryptocurrencies.
The exchange’s focus on attracting both professional and retail investors from German-speaking regions has paid off, and the cryptocurrency platform now serves more than one million trading customers.
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/bir-olumlu-haber-de-almanyadan-geldi-en-buyuk-borsalardan-biri-bitcoin-ve-kripto-para-gelismesini-acikladi/
