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$97,245
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$3,642
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XRP
$2.85
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ADA
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DOGE
$0.42
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LINK
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Short News

German Stock Exchange Boerse Stuttgart’s Crypto Trading Sees Major Growth, Now 25% of Revenue

Nidhi Kolhapur15 Jan 20251 min read

Boerse Stuttgart, a major German stock exchange, has experienced significant growth in its cryptocurrency trading business, which now makes up around 25% of its total revenue. Its cryptocurrency trading volume nearly tripled in 2024, achieving its best performance ever. The exchange’s crypto business has flourished amid the U.S. spot ETF boom, which saw $36.2 billion in inflows in 2024. Bitcoin alone made up nearly 50% of the exchange’s crypto revenue. CEO Matthias Voelkel highlighted the exchange’s five-year effort to build its crypto platform. Voelkel, a bitcoin investor himself, believes in the continued growth of blockchain technology and cryptocurrency popularity.

#Crypto news
Nidhi Kolhapur
Nidhi Kolhapur

Author

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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German Stock Exchange Boerse Stuttgart’s Crypto Trading Sees Major Growth, Now 25% of Revenue | Coinpedia