Apex Group,
a financial services provider, has revealed its partnership with Crypto Finance
AG, a crypto startup and a subsidiary of
Deutsche Börse Group. The alliance aims to offer institutional-grade digital
assets products.
As part of
the Deutsche Börse Group, Crypto Finance AG provides investment,
custody and brokerage solutions for cryptocurrencies to institutional clients. It
is regulated by the Swiss FINMA, providing authorized access to investment,
trading and secure storage of a broad class of digital assets.
According
to Wednesday’s press release, Apex Group receives an institutional-grade
digital asset infrastructure from Crypto Finance, which will commence with an
issuance program for structured products supported by digital assets.
Bruce
Jackson, the Chief of Digital Asset Funds and Business at Apex Group, has
stated that the company has chosen to partner with Crypto Finance, as the
company acknowledges the significance of creating a robust institutional
framework that meets the regulatory requirements and needs of institutional
investors.
“Today’s
announcement is an important next step in our global strategy of
institutionalising digital markets, enabling institutional capital to access
this digital asset class within the same secure and regulated framework they
are familiar with from the traditional financial markets,” Jackson added.
The
partnership between Apex Group and Crypto…
