Crypto Finance Granted Four Licenses from German BaFin

Crypto Finance AG​, part of Deutsche Börse Group, has secured four licenses from the German Federal Financial Supervisory Authority, BaFin, highlighting its commitment to delivering  seamless institutional-grade services within the regulatory framework and solidifying its position in advancing the digital asset ecosystem.

With the new licenses, the company's German subsidiary Crypto Finance (Deutschland) GmbH can offer regulated institutional-grade digital asset settlement, and custody services in the country, in addition to trading.

"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", said Stijn Vander Straeten, the CEO of Crypto Finance Group.

 "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," stated Eric Viohl, Managing Director of Crypto Finance (Deutschland) GmbH.