Deutsche Borse's Xetra exchange lists its 1st blockchain firm

posted 3 months ago
Xetra, a Deutsche Börse-operated trading venue for financial assets such as stocks, bonds and funds, just listed its first blockchain company. Shares in the firm, Advanced Blockchain AG, will be tradeable on Xetra starting today. Berlin-based Advanced Blockchain AG develops distributed ledger technology (DLT) software for businesses. The firm also provides a blockchain base layer for enterprises.

It’s also developing a directed acyclic graph (DAG)-based blockchain called “DAGchain”. When completed, the DAGchain protocol is slated for use in a number of projects in industries such as IoT, automotive, financial and engineering. According to Deutsche Börse, over 90 percent of share trading across German exchanges, and around 30 percent of trading in ETFs in Europe, is transacted through Xetra.
Tags: blockchain, news