Boerse Stuttgart Digital has partnered with Amazon Web Services to enhance its cryptocurrency solutions for European financial institutions.
Goals and Objectives of the Partnership
The partnership with AWS aims to improve the scalability of Boerse Stuttgart Digital's solutions designed for traditional banks, brokers, and asset managers. Dr. Matthias Voelkel, CEO of Boerse Stuttgart Group, emphasized the importance of trust in the cryptocurrency space.
Collaboration with European Financial Institutions
Tanuja Randery, Vice President and Managing Director for EMEA at AWS, expressed enthusiasm for the partnership, stating that they are excited to work with Boerse Stuttgart Group to scale their crypto infrastructure.
Expansion in the German Banking Sector
Boerse Stuttgart Digital recently expanded its client base by onboarding DZ Bank, a major player in Germany’s cooperative banking sector. DZ Bank enables 700 cooperative banks in its network to offer cryptocurrency trading and secure storage for their retail customers.
The collaboration between Boerse Stuttgart Digital and AWS highlights the growing trend of retail and corporate clients in Europe seeking reliable access to the cryptocurrency market.