Boerse Stuttgart Digital finalizes Tradias merger, creating 300 employee crypto unit

Boerse Stuttgart Digital and institutional crypto trading firm Tradias have completed their merger after receiving regulatory approval for the required ownership control procedure, creating a combined digital asset business with about 300 employees. Summary Boerse Stuttgart Digital and Tradias have completed their merger after securing regulatory approval, creating a digital asset business with about 300 employees. The combined company will provide institutional trading, custody, staking and tokenization services while Tradias continues as the trading brand. The merger builds on Boerse Stuttgart’s institutional crypto expansion, including its partnership with DekaBank and the rollout of its Seturion settlement platform. Tradias contributes trading and market making across more than 150 digital assets and serves banks, brokers and government institutions across Europe. An announcement released on Wednesday said the deal, first unveiled in February, has now closed following completion of the required ownership control procedure, bringing the two regulated crypto businesses under a single structure focused on institutional clients across Europe. The combined company will operate under...