Share this article

Proposed Legislation in Germany Could Allow $425B to Flow Into Crypto: Report

Under the legislation, wealth managers known as Spezialfonds would be able to invest up to 20% in digital assets.

Updated May 9, 2023, 3:18 a.m. Published Apr 29, 2021, 2:48 p.m.
jwp-player-placeholder

A new German law could theoretically bring as much as €350 billion (~$425 billion) of institutional investment into the cryptocurrency market, financial newspaper Boersen Zeitung reported.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

  • The report cites analysis by Sven Hildebrandt, CEO of Distributed Ledger Consulting (DLC).
  • The bill, which was approved by Germany’s parliament last week, is expected to take effect on July 1 if it is approved by the upper house, the Bundesrat.
  • Under the legislation, wealth and institutional investment fund managers, known as Spezialfonds (special funds), will be able to invest up to 20% of their portfolio in crypto.
  • If they all did so to the 20% limit, nearly $425 billion would move from other assets into crypto, based on the total assets under management (AUM) of such funds in Germany.
  • The legislation could prove a significant development for wider acceptance of crypto institutional investment across Europe, given Germany’s status as the eurozone’s most powerful economy.
  • There have been other signs of such acceptance of crypto emanating from Germany in recent months, with Deutsche Bank announcing its intention to offer custody and brokerage services to its institutional clients in December.

Read more: Deutsche Bank Quietly Plans to Offer Crypto Custody, Prime Brokerage

Más para ti

Protocol Research: GoPlus Security

GP Basic Image

Lo que debes saber:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

Más para ti

Cascade Unveils 24/7 Neo-Brokerage Offering Perpetuals on Cryptos, U.S. Stocks

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay, modified by CoinDesk)

The platform will let retail traders use one margin account to trade round-the-clock perpetual markets.

Lo que debes saber:

  • Cascade has introduced a 24/7 brokerage-style app for perpetual markets spanning crypto, U.S. equities and private-asset exposure.
  • The firm is pitching a single, unified margin account with direct-to-bank U.S. dollar capability for deposits and withdrawals.
  • The company has raised $15 million from investors including Polychain Capital, Variant and Coinbase Ventures.