Deutsche Börse (DBVN), a German venture capital firm, will simplify the purchase of digital securities for institutional investors.
DBVN has entered into a partnership agreement with the Frankfurt-based Cashlink financial technology company since 2016. Such cooperation will allow DBVN investors to finance using distributed ledger technology (DLT). In addition, digital securities will have the same regulatory guarantee that Deutsche Börse provides in relation to conventional instruments.
“A new initiative from our partner will simplify the raising of capital for young companies in our network, and the purchase of digital securities will be carried out in accordance with the current legislative framework,” said Peter Fricke, DBVN CEO.
Cashlink CEO Michael Duttlinger added that digital securities can be an alternative to conventional venture financing and can also be used for digital equity or to finance investors outside Europe.
Gradually, Germany is becoming more and more loyal to blockchain and cryptocurrencies. Last week, Deutsche Börse, together with Commerzbank, conducted a test transaction to sell securities through the blockchain. In February, the German derivatives exchange Eurex planned to launch futures tied to digital assets.