Deutsche Börse, Swisscom and Sygnum partner on digital asset platform
German based Deutsche Börse has reached an agreement to partner with Swisscom and Sygnum to create what the three firms describe as a “trusted digital asset ecosystem.”
German based Deutsche Börse has reached an agreement to partner with Swisscom and Sygnum to create what the three firms describe as a “trusted digital asset ecosystem.”
Deutsche Börse and Commerzbank have successfully completed the first-ever proof-of-concept (POC) for a repo transaction using the blockchain.
The German central bank, Deutsche Bundesbank, has partnered with the operator of the Frankfurt Stock Exchange to successfully test the application of blockchain technology in securities settlement.
The German capitals market has established a department for “DLT [distributed ledger technology], crypto assets and new market structures” in an attempt to harness the potential of blockchain technology.