Share this article

Boerse Stuttgart Digital Expands to Spain as Demand for Crypto Services Rises

New Madrid hub positions German crypto infrastructure firm to capture growing adoption among banks and investors

Sep 23, 2025, 7:47 a.m.
Stuttgart Stock Exchange, owner of Boerse Stuttgart Digital (Boerse Stuttgart)
Stuttgart Stock Exchange, owner of Boerse Stuttgart Digital (Boerse Stuttgart)

What to know:

  • Boerse Stuttgart Digital opens a hub in Madrid, marking its eighth European office
  • The firm now offers regulated, MiCAR-compliant crypto trading and custody in Spain
  • Spanish crypto adoption is projected to surpass 50% by 2025

Boerse Stuttgart Digital, the crypto arm of the Stuttgart Stock Exchange Group, has entered the Spanish market with a new office in Madrid, the company said Tuesday. The move expands its European footprint to eight hubs, including Frankfurt, Zurich and Milan.

The company, which earlier this year received the first Europe-wide MiCAR license from Germany’s BaFin regulator, provides crypto trading and custody solutions designed for banks, brokers and asset managers.

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

Its modular platform lets institutions integrate cryptocurrency services into their retail offerings while remaining compliant with the European Union’s new Markets in Crypto-Assets (MiCAR) framework.

Spain’s appetite for digital assets is on the rise. Market studies suggest that more than half of the population could adopt cryptocurrencies by 2025, presenting an opening for financial firms seeking to meet client demand. Boerse Stuttgart Digital said it is already in discussions with major Spanish banks about offering regulated crypto access.

“Spain with its high-performing, innovative banks is a core market for us,” said Dr. Matthias Voelkel, CEO of Boerse Stuttgart Group. “We are already engaged in advanced collaboration discussions with key players.”

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • 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.

More For You

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.

What to know:

  • 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.