RATE Group | Boerse Stuttgart’s Crypto Arm Aims at New Institutional Investors + More News
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Boerse Stuttgart’s Crypto Arm Aims at New Institutional Investors + More News

18 Feb Boerse Stuttgart’s Crypto Arm Aims at New Institutional Investors + More News

Posted at 17:10h in Cryptocurrency News by

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Boerse Stuttgart’s Crypto Arm Aims at New Institutional Investors + More News 101
Source: Instagram/Boerse Stuttgart

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

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  • Blocknox, a subsidiary of the second-largest German stock exchange Boerse Stuttgart, will offer cryptocurrency custody for institutions. According to the announcement, Blocknox provides custody for crypto assets on an “escrow basis” and now plans to offer custody services for cryptocurrencies and other digital assets for institutional clients such as fintechs, banks, and asset managers. The company claims that thanks to the new legal regulation of crypto custody in Germany more institutional players are likely to enter the crypto market.
  • A survey of 1,500 Swiss residents conducted by the market research institute Intervista on behalf of Migros Bank found that 7% of respondents between the ages of 18 and 55 have cryptos in their portfolio. Among the youngest…

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