German Exchange will create a platform for ICOs
The German company will develop a space to market with cryptocurrencies and thus be able to apply trading to its operations
The Boerse Stuttggart, known as the second largest exchange of shares in Germany, announced that it will continue with its plan to venture into the world of cryptocurrencies with the development of a new platform.
This new digital space will allow working with Initial Coin Offerings (ICOs) and thus offer new possibilities for multilateral trading.
This new platform, the German platform will get support on Bison, an app known for allowing access to the public with no investment commissions. It was developed by the startup Sowa Labs, a subsidiary of Boerse Stuttgart Digital Ventures.
The CEO of Boerse, Alexander Hoptner, highlighted the versatility of the tokens created by his exchange. “All the tokens issued by our ICOs platform can be exchanged in the secondary market. This is an important success factor for ICOs. At the same time, we respond to the demand of buyers and institutional investors for a regulated and reliable trading environment with cryptocurrencies“, explained Hoptner.
On the other hand, the company explained that this platform will accept the handling also of other cryptocurrencies better known as the case of bitcoin or ethereum. In addition, a custody service for users will be offered.
K. Tovar
Source: ETHNews
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