Deutsche Börse to Ease Digital Securities Transfer
Deutsche Börse (DBVN), a German venture capital firm, will simplify the purchase of digital securities for institutional investors.
DBVN has confirmed a new partnership agreement with the Frankfurt-based Cashlink fintech company. Such cooperation will enable DBVN investors to finance using distributed ledger technology (DLT). In addition, digital securities will have the same regulatory guarantee that Deutsche Börse provides for conventional instruments.
“With this new offering from our partner, we are able to simplify the process of raising capital for startups on our network, and all within an existing regulatory framework,” said Peter Fricke, DBVN CEO.
Cashlink CEO Michael Duttlinger added that “digital securities are used for various purposes, for example as an alternative to regular venture financing, as digital employee shares ownership, as a digital representation of venture funds or for funding for non-European investors.”
Germany is gradually becoming more and more loyal to blockchain and cryptocurrencies. Last week, Deutsche Börse, together with Commerzbank, conducted a test transaction for the sale of securities through the blockchain. In February, the German derivatives exchange Eurex planned to launch futures tied to digital assets.
Author: Marko Vidrih