Boerse Stuttgart, a major German stock exchange, reported a substantial revenue increase in 2024, with cryptocurrency services contributing to 25% of its total revenues. CEO Matthias Voelkel highlighted a tripling of crypto trading volumes and noted that the exchange held €4.3 billion (approximately $4.4 billion) in cryptocurrencies for clients by the end of the year, with Bitcoin constituting around 50% of transactions. Boerse Stuttgart attracted over one million clients, including both retail and professional investors, mainly from German-speaking regions. Voelkel expressed optimism regarding the future of cryptocurrencies, attributing their growing popularity to increasing investor demand. The exchange aims to enhance its crypto offerings through partnerships with liquidity providers and banks, intending to expand its regulated role in cryptocurrency trading and secure custody. Moreover, Voelkel downplayed concerns regarding potential market shifts to the US amid anticipated regulatory changes under President-elect Donald Trump, asserting that Europe is benefitting from a positive momentum in the crypto sector. Boerse Stuttgart has been expanding its crypto services since it first began offering Bitcoin trading in 2019.

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