The Stuttgart Börse – Germany’s second largest stock exchange – has revealed plans to launch a new platform for ICOs and a multilateral trading venue. This will be aimed at facilitating the issuance of digital tokens, corporate financing as well as the representation of rights and assets.
The Börse, which reported a trading volume of $95 billion across all asset classes in 2017, is aiming to bolster ICO opportunities by making them tradeable on the secondary venue.
“At the trading venue tokens issued via our ICO platform can be traded on the secondary market. This is an important success factor for ICOs,” says Stuttgart Börse CEO, Alexander Hoptner.
He adds that the idea behind developing the crypto trading platform came from the “demand from both retail and institutional investors for a regulated and reliable environment for trading with cryptocurrencies.”
The Börse’s objective will be to deliver “central services along the value chain for digital assets, all under one roof”.
The new platform is called Bison and is being developed by local analytics startup Sowa Labs, which has been owned by the Stuttgart Börse since late last year.
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