Boerse Stuttgart, one of Germany’s leading exchanges, has experienced significant growth in cryptocurrency transactions in recent years, now accounting for approximately 25% of the exchange's total revenue.
Transaction Volume Triples
In a press release regarding last year’s performance, the Boerse Stuttgart Group revealed that its cryptocurrency transaction volume has nearly tripled in 2024, showcasing impressive results. The company reportedly holds assets worth approximately 4.3 billion euros in custody services.
Attracting Millions of Users
Boerse Stuttgart has targeted both professional and individual investors in the German-speaking world. As a result of this strategy, the platform now serves over one million cryptocurrency customers. The company offers services through its digital exchange and the BISON app, which is focused on individual investors. Last year, Boerse Stuttgart partnered with German insurance giant Munich Re and staking provider Staking Facilities to launch fully insured cryptocurrency staking services on the BISON app.
Strengthening Market Position
These developments in the market have contributed to Boerse Stuttgart’s strong positioning in the cryptocurrency space. The exchange continues to enhance its platform to maintain its success in cryptocurrency transactions, with growing investor interest and the addition of new services increasing future growth potential.
The remarkable growth in cryptocurrency transactions and platform expansion mark Boerse Stuttgart's successful market positioning. Future growth is expected with increased investor interest and service development.
