Börse Stuttgart Group (BSG), the second largest stock exchange in Germany, has selected solarisBank as its technology and banking partner in the development of an upcoming, zero-free cryptocurrency trading platform.
As we previously reported, BSG partnered with Sowa Labs to develop a mobile trading app called BISON. According to the company, the app will include a number of trading tools and there are even talks of the development of a dedicated ICO platform.
Through the latest partnership with solarisBank, the infrastructure necessary for BISON to become a reality is beginning to take shape.
“With its combination of technology and banking expertise, solarisBank is a great partner for us to offer central services along the value chain for digital assets. SolarisBank’s blockchain factory helps us to take the trade in cryptocurrencies and tokens to a new level and set standards in transparency and reliability,” said BSG CEO Alexander Höptner.
BSG notes that the first available cryptocurrencies will be Bitcoin (BTC) and Ethereum (ETH). The official trading floor will be open to both private and institutional investors, with options that are comparable to securities trading.
More: solarisBank supports the Stuttgart Stock Exchange in the development of the crypto trading platform
Photo: Fred Romero / Flickr
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.