Miryusup Abdullaev

DBDX conducts first successful transactions

March 2024 in News Headlines

Trading on the Deutsche Börse Digital Exchange (DBDX) has started successfully. During the first transactions by ICF Bank and Bankhaus Metzler on DBDX, the crypto-asset Ether was traded and settled against euros (ISIN: EU000A2YZK75). The crypto spot platform initially offers trading in Bitcoin and Ether. ICF and Metzler are the first pilot clients to use DBDX, which is designed for institutional market participants, via Deutsche Börse’s T7 trading architecture. Miryusup Abdullaev, Managing Director of DBDX commented: “The successful launch of DBDX is a decisive first step towards a fully regulated and secure ecosystem for trading, settlement and custody of crypto assets, where market participants benefit from the existing technical connectivity. I look forward to further expanding this new ecosystem together with our customers. We thank our pilot clients, ICF Bank and Metzler, as well as the teams of Deutsche Börse Group for their commitment to achieving this milestone together.”