Sowa Labs, a subsidiary of FINTECH company the second largest stock exchange in Germany, Börse Stuttgart, presented the application for trading cryptocurrencies. Users it’ll be available in September.
The original application called Bison, offer support for trading bitcoin, Ethereum, Litecoin and XPR. On the official website of the app promised to increase the number of supported scriptactive “soon”.
Download of the Bison will be free, the developers claim that the fees after startup will not be levied.
“Bison makes digital currency easy. This is the first captoprilsee in the world that will have the support of the traditional stock exchange”, – reads the statement of the managing Director of Sowa Labs Szpankowski Ulli (Ulli Spankowski).
Stock exchange acquired Sowa Labs in December of last year, receiving a 100 percent stake in a startup from Ulm. The purchase price was not stated, but Alexander Hepner (Alexander Höptner), member of the management Board Boerse Stuttgart, said at the time that it was a “seven-figure amount” in EUR.
Börse Stuttgart was another traditional exchange, which decided to enter into the cryptocurrency space through the subsidiary. Earlier it was reported that TMX Group, the operator of Stock exchanges of Toronto, announced plans to launch a crypto-currency brokerage platform through its subsidiary Shorcan DCN.