Deutsche Boerse's 360T reveals 3DX Digital Exchange, a platform designed for cryptocurrencies
The 3DX Digital Exchange, a new crypto spot trading platform, has been launched by 360T under the Deutsche Börse umbrella. This integration of crypto trading into 360T’s existing FX trading infrastructure offers a seamless multi-asset trading experience for institutional traders[2][3].
Key Features and Implications
Regulatory Compliance
Operating under the EU’s MiCA (Markets in Crypto-Assets) regulatory framework, 3DX ensures compliance with emerging European standards for crypto trading venues. This regulation provides a legal and operational framework that supports investor protection and market integrity, positioning 3DX as a regulated alternative to unregulated crypto platforms[1][2].
Multi-Asset Trading Integration
The platform's integration with 360T’s FX trading infrastructure enables market participants to trade both FX and digital assets on a single, regulated, and technologically advanced venue. This integration is designed to support innovation and the growing demand for algorithmic and data-driven trading strategies in FX, now extended to digital assets[1][3].
Institutional Focus
3DX targets institutional investors by offering regulated and transparent crypto trading, addressing compliance and custody concerns prevalent in the crypto market for professional traders. This move is expected to facilitate broader adoption in traditional finance sectors[2][3].
Innovation and Market Growth
The expansion of 360T's offering into crypto trading via 3DX indicates a convergence of digital asset markets with traditional financial trading technologies. According to 360T’s CEO Americas, Matt O’Hara, innovations such as increased adoption of FX algos and data analytics within 360T are mirrored in the expansion into crypto trading via 3DX[1].
Significant Milestone
Carlo Kölzer, 360T CEO and Head of FX and Digital Assets of Deutsche Boerse Group, stated that the launch of 3DX represents a significant milestone in 360T's history[3].
Other Notable Developments
- The launch of 3DX Digital Exchange demonstrates Deutsche Boerse Group's broader commitment to leading in the digital assets space.
- 360T aims to grow as a trusted partner in the evolving crypto landscape with the launch of 3DX Digital Exchange.
- Deutsche Boerse has integrated its cryptocurrency trading platform, DBDX, with 360T, its FX trading platform.
- The launch of 3DX Digital Exchange aligns with the increasing interests from 360T's clients in the digital assets space.
In summary, the 3DX Digital Exchange's integration with 360T’s FX platform harnesses MiCA regulation to deliver a compliant, institutional-grade crypto trading service embedded within a mature FX trading ecosystem, enabling innovation and multi-asset trading capabilities aligned with evolving European crypto market standards[1][2][3].
- Leveraging MiCA regulations for regulatory compliance, 3DX Digital Exchange offers a regulated and institutional-grade crypto trading service within the mature FX trading ecosystem of 360T.
- The integration of 360T’s FX trading infrastructure with 3DX allows market participants to trade both FX and digital assets on a single platform, fostering innovation and the growing demand for algorithmic and data-driven trading strategies in finance.
- By addressing compliance and custody concerns of institutional investors, the launch of 3DX Digital Exchange aims to facilitate broader adoption of crypto trading in traditional finance sectors, reflecting a convergence of digital asset markets with traditional financial trading technologies.
