Fintech

Deutsche Boerse takes majority stake in Switzerland’s Crypto Finance

The transaction is expected to close in the fourth quarter of 2021

Deutsche Boerse said that it has acquired a majority stake in Switzerland-based securities firm Crypto Finance, with an investment in a "moderate three-digit Swiss francs million range."

The German stock exchange operator said the remaining shares will stay with existing investors, including Crypto Finance founder and Chief Executive Jan Brzezek.

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