Boerse Stuttgart Digital Expands to Spain

Boerse Stuttgart Digital, the crypto arm of the Stuttgart Stock Exchange Group, has entered the Spanish market by opening a new office in Madrid. This expansion increases its European presence to eight hubs, including Frankfurt, Zurich, and Milan.

Earlier this year, the company received the first Europe-wide MiCAR license from Germany’s BaFin regulator, enabling it to offer crypto trading and custody solutions aimed at banks, brokers, and asset managers.

Its modular platform allows institutions to integrate cryptocurrency services into their retail offerings while ensuring compliance with the European Union’s new Markets in Crypto-Assets (MiCAR) framework.

As interest in digital assets grows in Spain, market studies indicate that over half the population may adopt cryptocurrencies by 2025, creating opportunities for financial firms. Boerse Stuttgart Digital is already in talks with major Spanish banks to provide regulated crypto access.

Dr. Matthias Voelkel, CEO of Boerse Stuttgart Group, stated, “Spain with its high-performing, innovative banks is a core market for us. We are already engaged in advanced collaboration discussions with key players.”