Published on August 3rd, 2018 | by bitcoin0
Germany’s 2nd largest stock exchange ICO Platform, Multilateral Crypto Trading
Germany’s second largest stock exchange, the Stuttgart Börse, has revealed plans to develop a new platform for Initial Coin Offerings (ICO) as well as a multilateral crypto trading venue, Finextra reported August 2.
The German bourse, which had a trading volume of EUR 81 billion (about $95 billion) across all asset classes in 2017, had already this May unveiled a prototype of its zero-fee crypto trading app for the public, dubbed “Bison,” slated to be released in September.
Now the bourse is setting its sights on the primary and secondary markets by developing both an ICO platform and a multilateral, regulated crypto trading venue.
Cointelegraph recently reported on a detailed analysis into the global implementation of blockchain for stock transactions to date that was undertaken by South Korea’s Financial Supervisory Service (FSS).
On the basis of its findings, the FSS called on local regulatory agencies and companies to work towards developing an integrated blockchain system to innovate domestic stock markets.