Crypto Finance Secures BaFin Licenses, Eyes Expansion

Crypto Finance has received licenses from BaFin in Germany, allowing them to extend their regulated services to institutional clients. The company's acquisition by Deutsche Börse has paved the way for the launch of the Deutsche Börse Digital Exchange later this year, aiming to create a trusted market infrastructure for cryptocurrency. The involvement of major institutions in the crypto space signifies a growing institutional presence in the market.