Deutsche Digital Assets approved as an ETP issuer on Nasdaq Stockholm

German crypto asset manager Deutsche Digital Assets (DDA) has been officially approved by Nasdaq Stockholm as a new issuer of exchange-traded products (ETPs), opening new doors for Nordic investors.

Romain Bensoussan, DDA’s Head of Sales, says being approved as an issuer on Nasdaq Stockholm is a crucial step in the company’s access to institutional-grade crypto ETPs.

Deutsche Digital Assets stated that the approval as a crypto ETP issuer is the result of a painstaking process, during which the company went the extra mile to meet the exchange’s strict compliance and governance requirements. The company believes the recognition confirms its solidity and demonstrates the growing attention crypto is receiving from traditional financial institutions.

Bensoussan said this approval enables DDA to serve a broader range of investors, who are increasingly interested in efficient crypto exposure. DDA expects to roll out the first batch of crypto ETPs on Nasdaq Stockholm in the coming weeks. 

DDA prepares to list crypto ETP products on Nasdaq Stockholm

Bensoussan explained that, thanks to the approval, DDA plans to list its range of crypto ETPs on Nasdaq Stockholm. He noted that Nordic will now have the opportunity to access investment solutions that combine the transparency of regulated markets and security. DDA’s presence on Nasdaq Stockholm also suggests high standards in terms of investor protection and reliability.

Sylvester Andersen, AVP New Business Development at Nasdaq Stockholm, welcomed DDA to the exchange, praising the company’s expertise in the crypto ETP sector. He noted that DDA’s ambition aligned with the exchange’s goal of offering diversified investment opportunities to investors.

Meanwhile, DDA said it remains dedicated to collaborating with European exchanges to deliver crypto investment solutions. The company offers a range of crypto investment products and solutions through various subsidiaries, including financial product white-labeling services for asset managers. 

DDA partners with BitGo for institutional-grade custody and staking

Deutsche Digital Assets and BitGo have partnered to provide institutional-grade custody and staking for the Safello Bittensor Staked TAO ETP (ISIN: DE000A4APQY4; WKN: A4APQY, Ticker: STAO), which debuted on the SIX Swiss Exchange on November 19. DDA developed the Safello Bittensor Staked TAO ETP in collaboration with Safello. 

Meanwhile, Mike Belshe, the CEO and Co-Founder of BitGo, said the collaboration with DDA marks another step in his company’s mission to secure the cryptocurrency economy. He noted that by providing regulated custody and staking services for assets like TAO, BitGo is supporting the growth of decentralized AI. The crypto infrastructure company also enables institutional investors to participate safely.

BitGo, regulated under BaFin, holds 100% of the TAO in cold storage as the appointed crypto custodian. Additionally, operating under Germany’s strict regulatory framework, the company offers institutional clients multi-signature wallets. Belshe also emphasizes that his company offers detailed compliance standards and secure staking infrastructure designed for resilience and scalability.  

Maximilian Lautenschläger, DDA’s CEO and Founder, said partnering with BitGo ensures that investors in his company’s products benefit from the highest standards of staking and custody infrastructure. He believes the Safello Bittensor Staked TAO ETP marks a significant milestone in connecting decentralized AI to traditional financial markets within a regulated, institutional-grade framework.

Lautenschläger also pointed out that DDA’s commitment focuses on three key values: accessibility, transparency, and security. The company actively partners with major European exchanges to offer crypto investment solutions that meet the highest market standards. He believes the approval by Nasdaq Stockholm represents a step forward towards this direction. It also expands the pool of investors who can benefit from regulated products.

Meanwhile, the listing of these ETP products on Nasdaq Stockholm also helps strengthen investor confidence, says the DDA boss. It further promotes the adoption of digital assets in the European financial landscape.

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