Boerse Stuttgart Group has officially merged its cryptocurrency operations with Frankfurt-based digital asset trading firm Tradias, forming a consolidated business aimed at strengthening Europe’s regulated crypto market infrastructure.
The move signals a broader push to scale institutional-grade digital asset services under the European Union’s harmonized regulatory framework.
The transaction values Tradias at approximately €200 million, with the combined entity exceeding €500 million in total valuation.
The newly integrated division will employ around 300 staff members and operate under a joint management structure drawn from both organizations.
From a market access perspective, the merger combines Boerse Stuttgart’s retail platform, which serves over 1 million users, with Tradias’s trading infrastructure that supports brokers such as Trade Republic, whose ecosystem reaches approximately 30 million users.
This integration significantly expands the group’s liquidity reach and distribution capabilities across retail and institutional channels.
The consolidation positions the group to capitalize on the European Union’s Markets in Crypto-Assets Regulation (MiCAR), which provides a unified framework for digital asset services across member states.
By combining Tradias’s liquidity provision and institutional trading expertise with Boerse Stuttgart’s regulated exchange infrastructure, the group aims to offer end-to-end services for banks, brokers, and asset managers operating across its eight European hubs.
Management framed the merger as a step toward addressing fragmentation in Europe’s digital capital markets, aligning trading, custody, and regulatory compliance under a single structure.
The merger follows a record performance year in 2025 for Boerse Stuttgart Group and reflects continued consolidation within Europe’s regulated crypto sector.
As MiCAR implementation progresses, firms with integrated infrastructure and cross-border capabilities are positioning themselves to capture institutional flows seeking regulatory clarity within the European market.
The post Boerse Stuttgart Build European Digital Asset Hub appeared first on ETHNews.



BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more