European Crypto Hub to Emerge from Boerse Stuttgart Digital and Tradias Combination
The cryptocurrency division of Boerse Stuttgart is set to combine with Tradias in a deal that will establish a fully regulated European digital asset platform offering trading, custody, staking and tokenized asset services.
In a strategic initiative designed to strengthen its foothold in institutional cryptocurrency markets, Boerse Stuttgart Group—which operates among Europe's most prominent stock exchanges—has announced plans to combine its digital asset operations with Tradias, a Frankfurt-headquartered digital asset trading company.
Based on a Friday statement, the deal will bring together approximately 300 staff members who will operate under a unified leadership structure featuring executives from both organizations.
According to the announcement, the merged entity is designed to deliver a comprehensive suite of digital asset solutions, spanning brokerage services, trading operations, custody solutions, staking capabilities and tokenized assets. The platform will cater to financial institutions, including banks and brokers throughout Europe, offering completely regulated cryptocurrency infrastructure.
The companies did not reveal the financial details of the agreement. When approached by Cointelegraph, representatives from both Boerse Stuttgart and Tradias chose not to provide commentary regarding the transaction's terms. According to Bloomberg's coverage, the deal could place Tradias' valuation near 200 million euros ($237 million), while the merged organization could exceed a valuation of 500 million euros ($593 million).
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Through its Boerse Stuttgart Digital division, Boerse Stuttgart has been constructing its regulated cryptocurrency infrastructure, delivering trading services, brokerage operations and custody solutions that comply with the European Union's Markets in Crypto-Assets Regulation (MiCA).
During 2025, Boerse Stuttgart disclosed that its cryptocurrency trading volumes had tripled, representing one quarter of the company's overall revenues for 2024. At that juncture, CEO Matthias Voelkel demonstrated an optimistic outlook regarding cryptocurrency and revealed that he personally holds Bitcoin (BTC).
The exchange group's current presence in the regulated digital asset space creates opportunities to broaden its service offerings through the integration of its technology platform with Tradias' trading execution strengths.
Functioning as the digital asset division of Bankhaus Scheich, Tradias holds a securities trading bank license granted by the German Federal Financial Supervisory Authority (BaFin).
"With the planned merger of Boerse Stuttgart Digital and Tradias, Boerse Stuttgart Group is driving the development and consolidation of the European crypto market," CEO Voelkel said.
"We have built strong growth momentum in recent years. By merging with Boerse Stuttgart Digital, we will take the next logical step in our corporate development," Tradias founder Christopher Beck noted, adding:
"Together, we will cover the entire value chain for digital assets and create a new European champion with significantly greater reach, strategic depth, and creative power for further market consolidation."