TechFlow news, January 17 — According to financefeeds, Tradevest, a Munich-based financial services provider, has obtained a cryptocurrency custody and securities registration license from the German Federal Financial Supervisory Authority (BaFin). This enables the company to legally store digital assets and manage securities registration related to cryptocurrencies.
Dierk Wilhelmsmeyer, Managing Director of Tradevest, said the company is applying for additional regulatory approvals and will provide regulated infrastructure for institutional investors in the future to meet rapidly growing market demand.
It is projected that by 2030, the European digital asset market will reach €1.65 trillion.
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