Tradias valued at 200 million euros, over 500 million after merger: Stuttgart Stock Exchange accelerates institutional crypto expansion

On February 13, the Stuttgart Stock Exchange Group in Germany announced that it has reached a merger agreement with Frankfurt Digital Exchange company Tradias, aiming to build an integrated crypto financial platform for institutional clients and further strengthen its position in Europe’s crypto infrastructure sector.

According to the announcement, after the merger, the company will integrate approximately 300 employees and form a joint management team. The new entity will provide full-chain services such as brokerage, trading, custody, staking, and tokenized assets to banks, brokers, and financial institutions across Europe, while ensuring that the business framework fully complies with regulatory requirements.

Although the specific financial terms were not disclosed by the parties, foreign media citing informed sources reported that Tradias is valued at around 200 million euros, and the overall valuation after the merger is expected to exceed 500 million euros, demonstrating strong institutional capital interest in compliant crypto services.

In recent years, Stuttgart Stock Exchange has deeply engaged in regulated digital asset business through its Boerse Stuttgart Digital division, providing trading, brokerage, and custody support in accordance with the EU Markets in Crypto-Assets Regulation (MiCA). The group expects that by 2025, its crypto-related trading volume will see significant growth and occupy a higher proportion of total revenue.

Tradias is part of the Bankhaus Scheich Group and holds a securities trading bank license issued by the German Federal Financial Supervisory Authority (BaFin). It has extensive experience in institutional execution and liquidity management. The merger will integrate compliant technology infrastructure with professional trading capabilities into a unified system.

Matthias Voelkel, CEO of Stuttgart Stock Exchange, stated that this merger will accelerate the integration process of Europe’s crypto market and provide a secure pathway for traditional financial institutions to enter the digital asset space. Tradias founder Christopher Beck pointed out that the new company will cover the entire value chain of digital assets, becoming a European platform with scale and innovation advantages.

Against the backdrop of a gradually clearer European regulatory framework, this merger is seen as an important signal of the maturation of institutional crypto services and also indicates deep changes are occurring in the regional digital financial landscape.