Boerse Stuttgart Reports Cryptocurrency Trading Accounts for 25% of Revenue

Boerse Stuttgart has reported that its cryptocurrency trading now constitutes about 25% of its total revenue. Key points include:

Cryptocurrency trading volume nearly tripled in 2024, achieving record levels.
Boerse Stuttgart's custody reached around EUR4.3 billion ($4.45 billion).
Spot ETF launches in the U.S. attracted inflows of $36.2 billion in 2024, influencing market dynamics.
Bitcoin generated nearly 50% of the exchange’s crypto revenue.
The platform has attracted over one million cryptocurrency trading clients.
Boerse Stuttgart offers services through its digital exchange and the BISON trading app.
Last year, it launched a fully insured cryptocurrency staking service in partnership with Munich Re.
Plans to expand partnerships with European banks and institutions are underway for 2025.

The exchange aims to enhance its crypto infrastructure and provide regulated solutions for institutional clients across Europe.