German holding company Bitcoin Group SE acquired 100% stake in investment Bank Tremmel Wertpapierhandelsbank GmbH. About it reported in a press release.

Bitcoin Group SE — operator of the country’s only regulated exchange Bitcoin Deutschland AG, also known as According to information on the website, Tremmel specializiruetsya on trading securities. In turn, Bitcoin Group SE intends to expand the list of services thanks to the license of acquired Bank. In addition, the company plans to install bitcoin ATMs in Germany.

Managing Director of the Bank Dr. Rainer Bergman will continue to lead Tremmel. Together with a team Bitcoin Group SE he will develop custody decisions.

ForkLog previously reported that the German blockchain startup Bitwala and solarisBank are working on launching a banking service on the blockchain.