Boerse Stuttgart Group has achieved a historic milestone by becoming the first crypto asset service provider in Germany to secure a European Union-wide license under the Markets in Crypto Assets (MiCA) regulatory framework. Through its subsidiary, Boerse Stuttgart Digital Custody GmbH, the company is solidifying its position as a leading regulated infrastructure provider for financial institutions across Europe.
The MiCA framework, which officially came into effect in December 2024 following its ratification by the EU Parliament in 2023, is designed to standardize cryptocurrency regulations across the EU. It aims to provide clear guidelines for service providers and enhance investor protection, fostering greater trust and transparency in the crypto market.
Oliver Vins, Managing Director and Chief Finance & Regulatory Officer of Boerse Stuttgart Digital, highlighted the significance of this achievement. He described it as a testament to the company’s dedication to creating a secure and regulated environment for digital assets while positioning Germany as a competitive player in the European crypto landscape.
CEO Matthias Voelkel underscored the impact of this milestone on the company’s growth and its ability to offer comprehensive solutions to financial institutions. “Securing the MiCAR license marks a significant milestone for the Boerse Stuttgart Group. Building on this foundation, we will broaden Boerse Stuttgart Digital’s offerings with integrated solutions for financial institutions across Europe, accelerating the internationalization and structural growth of our digital business,” Voelkel stated.
Boerse Stuttgart’s crypto operations have experienced remarkable growth in recent years, with digital asset trading now accounting for 25% of the group’s total revenue. The exchange currently manages €4.3 billion in digital assets and serves over one million traders. Bitcoin alone makes up approximately half of its crypto trading volume, which has tripled over the past year.
The group is optimistic about the future of the crypto market and is betting on increasing global demand for digital assets. It has announced plans to expand its services for banks and financial institutions while leveraging partnerships with liquidity providers to strengthen its offerings. Voelkel expressed confidence in the market’s growth potential, particularly in light of supportive developments such as Trump’s Bitcoin-focused vision.
This achievement marks a pivotal moment not only for Boerse Stuttgart Group but also for the broader European crypto industry. By securing the MiCA license, the company has set a benchmark for regulatory compliance and innovation, paving the way for a more integrated and robust digital asset ecosystem across Europe.