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Stuttgart Börse, The 2nd Largest Stock Exchange In Germany M...

Stuttgart Börse, The 2nd Largest Stock Exchange In Germany Makes Plan To Launch An ICO Platform

The 2nd Largest Stock Exchange in Germany, on the 2nd day of August notified the public of it’s plan to develop a new platform for for initial coin offering(ICO).

The firm released a sample of it’s zero-fee crypto trading app this May with the intention to release it’s full working version this September. In 2017, the firm recorded about EUR 81 Billion($95 Billion) as it’s trade volume.

Currently, the firm’s target is to develop an ICO platform on top of the primary and secondary markets and as well, introduce a multilateral, regulated crypto trading venue.

Alexander Höptner, Börse Stuttgart’s CEO said the action was taken following the request from both retail and institutional investors so as to ensure a reliable platform for trading with cryptocurrencies.

The firm’s trading crypto app is dubbed “Bison” and it is was being developed by Sowa Labs, a local data analysis starter up in the country.

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