Boerse Stuttgart’s crypto provider taps Amazon to expand crypto offerings for institutions

Boerse Stuttgart Digital has partnered with Amazon Web Services to develop its crypto infrastructure and enable European financial institutions to scale their offerings.

Boerse Stuttgart Digital, a German crypto infrastructure hub backed by Boerse Stuttgart Group, has entered into a partnership with Amazon Web Services to enhance its offerings for European financial institutions as demand for crypto services continues to grow.

The collaboration aims to improve the scalability of its solutions designed for traditional banks, brokers and asset managers, the Stuttgart-based company said in a press release on Monday (October 14). The company says the collaboration was born in response to a new trend as retail customers and companies across Europe are “looking for increasingly reliable ways to enter the crypto market.”

“Traditional financial institutions face a crucial choice: Miss this structural trend or partner with established infrastructure providers that embody trust, safety and reliability.”

Boerse Stuttgart Digital

Addressing the partnership, Boerse Stuttgart Group CEO Matthias Voelkel said institutional investors are “keen to offer their clients access to cryptocurrencies and digital assets without compromising trust, security and reliability.”

This development comes as Boerse Stuttgart Digital expands its customer base, especially with DZ Bank, a major player in the German cooperative banking sector and one of the largest banking groups in Europe. In mid-September, Boerse Stuttgart Digital said it would authorize DZ Bank’s 700 cooperative banks to offer their retail customers the ability to trade cryptocurrencies and hold them in licensed custodians.