Boerse Stuttgart Digital and trading firm tradias announced plans to merge, resulting in the creation of a fully regulated infrastructure provider for operating in the EU digital assets market.
Boerse Stuttgart Group, the second-largest stock exchange in Germany and one of the biggest exchanges in Europe, announced the merger of its digital division, Boerse Stuttgart Digital, with Frankfurt-based trading company tradias. The combined entity aims to offer European financial institutions a one-stop-shop model with fully regulated access to crypto trading, custody services, staking, and tokenized asset operations.
The deal includes the consolidation of around 300 employees under joint management from both companies, with offices in Frankfurt and Stuttgart. The new organization will focus on serving institutional financial structures, offering comprehensive solutions in the digital assets segment within the framework of European regulation.
Boerse Stuttgart Digital operates a regulated crypto broker, crypto exchange, and custodian licensed under MiCA. Its institutional clients include Italy’s largest bank, Intesa Sanpaolo, Germany’s second-largest banking group, DZ BANK, as well as DekaBank, which provides crypto services for savings banks.
tradias operates as a regulated investment firm and crypto services provider, enabling Europeans to trade cryptocurrencies through banking channels. Its client portfolio includes online broker flatexDEGIRO, international neobroker Trade Republic, infrastructure provider dwpbank, and public institutions. Clients have access to trading in more than 150 cryptocurrencies and digital assets, as well as tokenization services.
According to Matthias Voelkel, CEO of Boerse Stuttgart Group, the deal is aimed at consolidating the European crypto market and strengthening the group’s position in the digital segment.
The deal is expected to close in H2 2026 following the completion of negotiations and receipt of regulatory approvals.
In 2024, through cooperation between Boerse Stuttgart Digital and DZ BANK Group, more than 700 TradFi institutions in Germany gained access to digital assets. In 2025, Boerse Stuttgart Digital received a pan-European crypto-asset service provider (CASP) license in accordance with MiCA.
