Web: Germany's No.2 Stock Exchange is Developing an ICO Platform

August 2018 by: From The Web

Germany's second-largest stock exchange is developing an ICO platform, it announced on Thursday.

Boerse Stuttgart expects to roll out the platform as part of  larger "end-to-end infrastructure" for "digital assets" it is currently developing, and says the ICO platform will allow token issuers to conduct token sales with "standardized and transparent processes."

It will also offer a "multilateral trading venue for cryptocurrencies as well as solutions for safe custody," it said in a statement.

The bourse's announcement comes just months after it unveiled plans for a crypto trading app.

Dubbed Bison, the app is expected to be released in September. The debut of the ICO platform, trading venue and will follow Bison's launch, Boerse Stuttgart said, while its custody services will be available before Bison is live.

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