“Can a 160-year-old German stock exchange become the regulated backbone for European crypto under MiCAR?”
BSDEX launched in 2019 as the crypto trading arm of Germany's Boerse Stuttgart Group — bringing regulated-exchange discipline (open order books, market surveillance, KWG §2 Abs.12 compliance) to spot crypto trading. In 2023 the group consolidated its crypto activities under a new 'Boerse Stuttgart Digital' brand, positioning itself as Europe's institutional-grade crypto infrastructure provider. The MiCAR license (a European first) and the diversification of EUR custody from Solaris-only to Solaris + Deutsche Bank in 2024–2025 mark a clear move toward becoming the trusted regulated venue as MiCAR reshapes European crypto.