Crypto Finance and Apex Group to Offer Institutional Crypto Products

Crypto Finance will provide Apex with the digital infrastructure needed to issue structured investment products.

AccessTimeIconMar 22, 2023 at 11:13 a.m. UTC
Updated May 9, 2023 at 4:11 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global event for everything crypto, blockchain and Web3.Register Now

Deutsche Börse-backed Crypto Finance AG has teamed up with financial-services provider Apex Group to offer institutional-grade crypto investment products.

Crypto Finance will provide Apex with the digital-asset market infrastructure needed to issue structured investment vehicles such as exchange-traded products.

  • GameStop's Business Will Fail 'at Some Point': Economist
    00:58
    GameStop's Business Will Fail 'at Some Point': Economist
  • Can Miners Survive Lower Bitcoin Fees and Reduced Rewards?
    01:04
    Can Miners Survive Lower Bitcoin Fees and Reduced Rewards?
  • Tornado Cash's Alexey Pertsev Sentenced to 64 Months in Prison; Meme Coins Rally
    01:46
    Tornado Cash's Alexey Pertsev Sentenced to 64 Months in Prison; Meme Coins Rally
  • Why Scammers Are Turning to Cryptocurrencies
    00:52
    Why Scammers Are Turning to Cryptocurrencies
  • The two firms' aim is to offer professional and institutional investors such as banks, asset managers and family offices with the means to issue their own crypto-related investment products. The first such products will be introduced in the second quarter.

    In an announcement on Wednesday, the firms said that "demand for crypto-related investment products is expected to grow in line with the exponential development of this new asset class."

    That therefore requires the services of regulated providers such as Crypto Finance, which was brought under the banner of Germany's Deutsche Börse in 2021, when the exchange acquired a two-thirds stake Crypto Finance for $108.6 million.


    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Jamie Crawley

    Jamie Crawley is a CoinDesk news reporter based in London.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.