Crypto Fuels Growth at Boerse Stuttgart as Digital Assets Contribute 25% of Revenue

Germany’s Boerse Stuttgart, a leader among European stock exchanges, has seen cryptocurrency trading emerge as a major revenue driver, now accounting for 25% of its total income, according to a company announcement.

The exchange revealed a tripling of its crypto trading volumes in 2024, marking a record-breaking year for its digital asset services. Custody services also surged, with assets under management reaching EUR 4.3 billion ($4.45 billion).

“Crypto adoption in Europe is accelerating, and our platform is at the forefront of this transformation,” said CEO Matthias Voelkel. “Bitcoin remains a significant driver, contributing to half of the revenue generated from digital asset trading.”

Since entering the crypto space in 2019, Boerse Stuttgart has cultivated a strong presence in the sector, attracting over one million clients to its trading platforms. The BISON app, designed for retail investors, has played a pivotal role in onboarding users with its intuitive interface and innovative features, such as insured staking services.

The exchange also continues to cater to institutional clients through its regulated digital asset exchange, focusing on offering reliable brokerage and custody solutions. Voelkel highlighted the company’s commitment to scaling these services across Europe, saying, “We are forging partnerships with leading banks and asset managers to meet the growing demand for trusted crypto infrastructure.”

As crypto ETFs and tokenized assets gain traction globally, Boerse Stuttgart aims to expand its offerings and solidify its position as a key player in Europe’s digital asset ecosystem. “Our vision for 2025 is to integrate more advanced solutions, enhance accessibility, and drive the adoption of cryptocurrencies across all investor categories,” Voelkel added.

Boerse Stuttgart’s strong performance underscores the growing synergy between traditional finance and the rapidly evolving world of digital assets.