European financial institutions tap Boerse Stuttgart Digital’s crypto provider for enhanced offerings, powered by Amazon Web Services.
Boerse Stuttgart Digital Partners with AWS
Boerse Stuttgart Digital collaborates with Amazon Web Services (AWS) to expand and enhance its crypto infrastructure for European financial institutions. The partnership responds to the rising demand for secure and scalable digital asset services.
Strategic Partnership to Boost Crypto Offerings
Boerse Stuttgart Digital, a leading crypto infrastructure provider in Europe, announced a significant partnership with Amazon Web Services on October 14. This collaboration aims to improve the scalability of crypto offerings for traditional financial institutions, including banks, brokers, and asset managers. As the demand for reliable crypto services increases across Europe, this alliance will help institutions better serve their clients.
Traditional 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.
— Boerse Stuttgart Digital
Strengthening Crypto Infrastructure
The collaboration with AWS allows Boerse Stuttgart Digital to enhance its digital asset solutions. By leveraging AWS’s cloud computing services, the company will provide more scalable, secure, and efficient solutions to financial institutions. This infrastructure upgrade is vital for meeting the increasing demand for crypto trading and storage services.
Institutional investors are eager to offer their clients access to cryptocurrencies and digital assets without compromising on trust, security, and reliability.
— Matthias Voelkel, CEO of Boerse Stuttgart Group
Expanding Client Base
Boerse Stuttgart Digital’s partnership with AWS also complements its growing client base. In September, the company added DZ Bank, a major player in the German cooperative banking sector, to its list of clients. DZ Bank’s collaboration with the company will enable over 700 cooperative banks to offer their customers access to cryptocurrency trading and secure custody services. This marks a significant step toward integrating digital assets into the traditional banking system.
Meeting Growing Market Demand
As interest in cryptocurrencies and digital assets continues to rise, more European financial institutions are seeking secure ways to enter the market. The collaboration with AWS ensures that these institutions can offer reliable crypto services without sacrificing security or scalability. The partnership aligns with the company’s goal to support both institutional investors and retail clients.
Retail customers and corporates across Europe are increasingly seeking reliable avenues to venture into the crypto market.
— Boerse Stuttgart Digital
Future Outlook
Boerse Stuttgart Digital’s partnership with AWS signals a shift in how traditional financial institutions approach digital assets. As the demand for crypto services grows, partnerships like this will be key to ensuring secure and scalable infrastructure for financial institutions. By leveraging AWS technology, Boerse Stuttgart Digital is well-positioned to meet the needs of its expanding client base. This collaboration marks a major development in the European crypto market, providing financial institutions with the tools they need to stay ahead of the curve.
Leading the Crypto Evolution
Boerse Stuttgart Digital continues to lead the way in Europe’s crypto market, with its partnership with AWS serving as a crucial step in advancing the sector. With the growing demand for secure and scalable digital asset services, this collaboration positions Boerse Stuttgart Digital as a top provider in the evolving financial landscape.
Looking Ahead
Boerse Stuttgart Digital is committed to expanding its offerings for financial institutions. The partnership with AWS is just the beginning of its efforts to strengthen the European crypto market. By focusing on scalability and security, the company aims to continue providing innovative solutions to meet the rising demand for digital asset services.
Disclaimer:
The information provided on 13Desk is for informational purposes only and should not be considered financial advice. We strongly recommend conducting your own research and consulting with a qualified financial advisor before making any investment decisions. Investing in cryptocurrencies carries risks, and you should only invest what you can afford to lose. 13Desk is not responsible for any financial losses incurred from your investment activities.
