Boerse Stuttgart Digital Partners with Amazon Web Services to Enhance Crypto Infrastructure
Boerse Stuttgart Digital, a leading German crypto infrastructure hub under the Boerse Stuttgart Group, has announced a strategic partnership with Amazon Web Services (AWS). This collaboration aims to bolster the crypto offerings for European financial institutions, addressing the growing demand for secure and scalable crypto services.
Enhancing Scalability for Financial Institutions
In a recent press release dated October 14, the Stuttgart-based company highlighted that this partnership with AWS is designed to improve the scalability of its solutions. These solutions cater to traditional banks, brokers, and asset managers, enabling them to meet the increasing demand for reliable crypto market entry points among retail customers and corporates across Europe.
βTraditional financial institutions are facing a pivotal choice: to miss out on this structural trend or partner with established infrastructure providers which stand for trust, security, and reliability.β
Boerse Stuttgart Digital emphasized the importance of this partnership in providing financial institutions with the necessary tools to offer crypto services without compromising on trust, security, and reliability.
Institutional Investors Eye Crypto Opportunities
Matthias Voelkel, CEO of Boerse Stuttgart Group, noted the eagerness of institutional investors to provide their clients with access to cryptocurrencies and digital assets. This demand underscores the need for robust infrastructure that ensures safety and dependability.
Expanding Client Roster
The partnership with AWS comes as Boerse Stuttgart Digital continues to expand its client base. One notable partnership is with DZ Bank, a significant player in the German cooperative banking sector and one of Europe’s largest banking groups. In mid-September, Boerse Stuttgart Digital announced that DZ Bank would enable 700 cooperative banks to offer their retail customers the ability to trade and store cryptocurrencies in licensed fiduciary custody.
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