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New Madrid hub positions German crypto infrastructure firm to capture growing adoption among banks and investors
By Ian Allison, AI Boost|Edited by Parikshit Mishra
Sep 23, 2025, 7:47 a.m.
- Boerse Stuttgart Digital opens a hub in Madrid, marking its eighth European office
- The firm now offers regulated, MiCAR-compliant crypto trading and custody in Spain
- Spanish crypto adoption is projected to surpass 50% by 2025
Boerse Stuttgart Digital, the crypto arm of the Stuttgart Stock Exchange Group, has entered the Spanish market with a new office in Madrid, the company said Tuesday. The move expands its European footprint to eight hubs, including Frankfurt, Zurich and Milan.
The company, which earlier this year received the first Europe-wide MiCAR license from Germany’s BaFin regulator, provides crypto trading and custody solutions designed for banks, brokers and asset managers.
STORY CONTINUES BELOW
Its modular platform lets institutions integrate cryptocurrency services into their retail offerings while remaining compliant with the European Union’s new Markets in Crypto-Assets (MiCAR) framework.
Spain’s appetite for digital assets is on the rise. Market studies suggest that more than half of the population could adopt cryptocurrencies by 2025, presenting an opening for financial firms seeking to meet client demand. Boerse Stuttgart Digital said it is already in discussions with major Spanish banks about offering regulated crypto access.
“Spain with its high-performing, innovative banks is a core market for us,” said Dr. Matthias Voelkel, CEO of Boerse Stuttgart Group. “We are already engaged in advanced collaboration discussions with key players.”
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
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