Copy link
Increase text size
Decrease text size
Link copied

Berlin-based Advanced Blockchain AG listed on Deutsche Börse-operated Xetra exchange

Mon, 01 Jul 2019, 09:22 am UTC

Advanced Blockchain AG, a Berlin-based blockchain firm, has become the first blockchain development company to be listed on Xetra, a Germany-based digital stock exchange operated by Deutsche Börse.

According to the official announcement, Advanced Blockchain AG’s shares are tradeable on Xetra, starting today. This follows after the firm was listed on the Frankfurt Stock Exchange in January 2019.

The report states that German financial services holding firm Lang & Schwarz facilitated the listing on Xetra as designated sponsor and market maker.

“This additional trading venue will further facilitate the development of new investor groups, especially with an international background. Existing listings on the Dusseldorf Stock Exchange and the Frankfurt Stock Exchange will continue,” Advanced Blockchain AG said.

Based in Frankfurt, Xetra is an all-electronic trading system that was launched in 1997 for use on the Frankfurt Stock Exchange. However, the system gradually expanded to be used by over 200 trading participants from 16 European countries, Hong Kong and the United Arab Emirates.

“The Xetra platform offers increased flexibility for seeing order depth within markets and offers trading in stocks, funds, bonds, warrants and commodities contracts,” the announcement reads.

In a separate announcement, the company said that it has signed a Letter of Intent (LOI) with a German telecommunications provider and cable operator to develop a block-chain-based protocol for billing in Internet of Things (IoT) networks. The name of the telecom provider, however, has not been disclosed.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $7,252.83 (+0.69%)
  • Ethereum (ETH) $145.77 (+1.97%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $207.82 (+0.41%)
  • Litecoin (LTC) $44.15 (+0.60%)
  • Bitcoin (BTC) $7,252.83 (+0.69%)
Dec 12, 2019 (Thursday)
15:04
Binance launches Latin American fiat gateway; adds new fiat payment options
14:12
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
14:12
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:48
Crypto Technicals: Tezos (XTZ) bucks bearish crypto market trend, grinds higher with strong bullish momentum
11:48
Blockchain startup Digital Asset secures $35M in Series C round
10:53
Crypto Technicals: DASH/USD finds no respite from bears, set to hit fresh record lows
10:19
New York regulator publishes proposed guidance to modify BitLicense
08:40
Consensys shuts down India, Philippine offices; 11 people axed by the closure
07:43
SEC chairman says DLT can foster capital growth; Revealed that agency has been studying digital assets
06:47
Crypto Technicals: XRP/USD capped at 20-DMA, on track to test trendline support at 0.1975
06:47
Napoleon Bitcoin Fund launches in France to cater institutional investors
06:39
Digital assets are here to stay; State Street survey reveals continued institutional interest
06:03
Crypto Technicals: ETH/USD dips below 140 mark, eyes trendline support at 132
05:37
Enterprise Ethereum Alliance, Chamber of Digital Commerce partner on tokenization efforts
04:42
Square Crypto awards grant to pseudonymous Lightning contributor ‘ZmnSCPxj’
04:42
Crypto Technicals: Bitcoin hits 2-week lows below $7100, bearish bias with rising volatility to see more weakness
03:35
Russian power grid company to use blockchain technology to solve massive energy debt issue
03:14
Elliptic launches a risk-assessment tool for banks to identify trustworthy crypto exchanges
Dec 11, 2019 (Wednesday)
12:54
Wu Jihan once again takes over the helm at Bitmain as CEO
12:36
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft