Boerse Stuttgart Group CEO Matthias Voelkel expressed a bullish stance on cryptocurrency, disclosing personal Bitcoin holdings.
German stock exchange Boerse Stuttgart, one of the largest exchange groups in Europe, has recorded a significant revenue boost from offering cryptocurrency services in 2024.
Boerse’s crypto trading volumes tripled in 2024, generating 25% of the company’s revenues last year, Boerse Stuttgart group CEO Matthias Voelkel said, according to a Jan. 15 report by the financial newspaper Barron’s, citing AFP.
By the end of 2024, the amount of cryptocurrency held at Boerse for its clients reached 4.3 billion euros ($4.4 billion), with Bitcoin (BTC) accounting for roughly 50% of total transactions.
Read more
Read the full article here