Boerse Stuttgart Digital Completes Merger With Tradias to Form 300‑Person European Crypto Unit

Overview

• The merger closed on Wednesday after the required ownership‑control procedure was cleared, bringing Tradias into Boerse Stuttgart Digital while keeping Tradias as the dedicated trading brand.
• The new unit employs about 300 people and will be led by co‑CEOs Christopher Beck and Ulli Spankowski with headquarters in Frankfurt and Stuttgart.
• The business will offer institutional trading, custody, staking and tokenization services that span the full digital‑asset value chain for banks, brokers and public clients.
• Tradias contributes market‑making and trading across more than 150 digital assets while Boerse Stuttgart supplies regulated custody, settlement links and existing client relationships.
• The deal builds on Boerse Stuttgart Group’s multi‑year push into tokenized securities and its Seturion settlement network, which already counts participants such as Société Générale‑FORGE and flatexDEGIRO.