Crypto Fuels Boerse Stuttgart’s Growth, Accounting for 25% of Total Revenue with Tripled Volume

Boerse Stuttgart’s Crypto Business Surges, Driving 25% of Exchange Revenue

Germany’s Boerse Stuttgart has emerged as a major player in the cryptocurrency sector, with its crypto trading division now contributing 25% of the exchange’s total revenue. This marks a significant milestone as the exchange capitalizes on the increasing adoption of digital assets across Europe.

In 2024, Boerse Stuttgart reported a near tripling of its cryptocurrency trading volume compared to the previous year, achieving record-breaking performance, according to a company spokesperson. The exchange also manages EUR 4.3 billion ($4.45 billion) in cryptocurrency custody assets.

“The success of our crypto offerings reflects a clear shift in investor preferences,” said Matthias Voelkel, CEO of Boerse Stuttgart. “Bitcoin alone accounts for nearly half of our digital asset revenue, and we’re seeing consistent growth in demand from both retail and institutional clients.”

The BISON app, Boerse Stuttgart’s retail-focused crypto trading platform, has played a key role in onboarding over one million clients, offering user-friendly access to digital currencies. Additionally, the exchange has introduced fully insured staking services, partnering with Munich Re and Staking Facilities to enhance security and reliability for its users.

Voelkel emphasized the exchange’s forward-looking strategy: “We are scaling our crypto infrastructure to support Europe’s growing appetite for regulated and secure digital asset services. In 2025, we plan to expand our network of partnerships with banks and asset managers, driving the next phase of crypto adoption.”

As crypto ETFs and tokenized assets continue gaining momentum worldwide, Boerse Stuttgart aims to leverage its established market presence to remain a leader in Europe’s evolving digital finance landscape.