Deutsche Boerse acquires majority ownership of Crypto Finance AG
The German stock exchange operator plans to expand its regulated crypto-asset ecosystem across the European market. Deutsche Boerse has acquired a majority stake in Crypto Finance AG — a Swiss digital asset firm.According to a release issued on Tuesday, the German stock exchange operator has bought a two-thirds stake in the digital asset company. Though the financial details of the deal have yet to be made public, Deutsche Boerse revealed that the purchase sum was in the “moderate three-digit CHF million range.” The stock purchase agreement will be finalized in Q4 2021 once all parties....
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