What happened?
360T, a part of the Deutsche Börse Group, has launched 3DX, a new platform for institutional crypto spot trading. This marks an expansion of Deutsche Börse’s digital asset offerings by integrating it into their existing FX infrastructure. Known earlier as DBDX, the platform was rebranded to enhance operational, regulatory, and commercial efficiencies.
Who does this affect?
The launch of 3DX primarily affects institutional clients who engage in crypto trading. These clients will benefit from the platform’s secure, MiCAR-compliant, and BaFin-regulated environment across the EU. The offering provides them with access to liquidity from multiple providers and ensures efficient and reliable trading experiences.
Why does this matter?
This development has a significant impact on the crypto market by providing a regulated, trusted platform for institutional trading of digital assets. As more traditional financial giants like Deutsche Börse enter the crypto space, it underscores the growing mainstream acceptance and integration of digital currencies. The move is likely to increase liquidity and stability in the market, encouraging further institutional adoption.