In a statement German stock exchange operator Deutsche Boerse said, it is in the process of acquiring a two-thirds stake in Swiss fintech Crypto Finance, in a move aimed at expanding its offering for digital assets.

Deutsche Boerse did not provide the details of the deal saying it was more than $108.68 million (100 million Swiss francs).

Crypto Finance’s founder, Jan Brzezek, will continue to remain as its CEO, along with the existing management team.

($1 = 0.9201 Swiss francs)

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Tags: Crypto Finance, deal, Deutsche Boerse, digital assets, expand, fintech, founder, German, Jan Brzezek, management team, stake, stock exchange operator, Swiss