Berlin-Based Staking Startup Certus One Acquired by Jump Trading
The Certus One team will merge with Jump Trading’s team of 900 employees made up of engineers, quants and traders.
Grant says the business focus will be on Switzerland and Germany, with an influence campaign planned for Europe’s newer crypto bastions.
A law passed earlier this year allows Spezialfonds, open only to institutional investors, to invest up to 20% of assets in cryptocurrencies.
Coinbase builds on its custody license win with AML-compliant solution in Germany.
The digital cedi will be tested with banks, payment service providers, merchants, consumers and other stakeholders.
A new German law allows for $415 billion in new crypto investment. But, given the conservative nature of "spezialfonds," the money might take time to arrive.