The German stock exchange Boerse Stuttgart has tripled its crypto trading volume, accounting for 25% of its revenue.
The crypto business of German stock exchange Boerse Stuttgart already accounts for 25% of its revenue, and while the exact volume of cryptocurrency trading was not disclosed, the exchange group said in a press release late last year that the metric "almost tripled" in 2024, its best performance ever.
Matthias Voelkel, CEO of Boerse Stuttgart, said that bitcoin accounts for nearly 50% of the cryptocurrency revenue of the exchange, which has been developing its cryptocurrency trading platform over the past five years.