Boerse Stuttgart Establishing ICO Platform and Crypto Exchange

Boerse Stuttgart Establishing ICO Platform and Crypto Exchange
ICO News

Boerse Stuttgart, the operator of the second largest stock exchange in Germany has announced that the launch of the first stock exchange based crypto trading application for smartphones.

Boerse Stuttgart will also be launching an ICO platform alongside the cryptocurrency exchange. Notably, it is one of the leading exchanges in the world.

The app was announced in April 2018 and is scheduled to launch in the fall of 2018. The initial version will be in German, with the English variant following soon.

The mobile application BISON is under development by Sowa Labs, a FitTech startup and a subsidiary of Boerse Stuttgart Digital Ventures.

The app will available free of charge for users. The user will not require crypto wallets to make transactions. Furthermore, it will offer features such as simple activation and zero trading fees.

Based on a study that was carried out among 1000 participants, investors are looking for a way to gain easy access to the cryptocurrency market.

The Boerse Stuttgart group made another exciting announcement on August 2, 2018, that it plans to expand its portfolio of digital assets. The group intends to achieve this by launching an ICO platform alongside the cryptocurrency custody services. This provides users with an end-to-end infrastructure for their digital assets.

According to Alexander Hoptner, CEO, Boerse Stuttgart GmbH, this app and the ICO platform is a way to promote the acceptance of digital assets among users.

The ICO platform will facilitate the issue of tokens, which can be later used for trade on the secondary market through trading platforms.

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