Crypto Journalist
Amin Ayan
Crypto Journalist
Amin Ayan
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360T, the foreign exchange trading arm of Deutsche Börse Group, has officially launched 3DX, a new institutional crypto spot trading platform.
The launch integrates the offering into the broader FX infrastructure of 360T, expanding Deutsche Börse’s digital asset initiatives.
Previously known as DBDX, the initiative has now been rebranded and folded into 360T to maximize operational, regulatory, and commercial efficiencies, according to a report by Mondo Visione.
3DX Launches as MiCAR-Compliant, BaFin-Regulated Crypto Spot Venue
3DX operates as a MiCAR-compliant, BaFin-regulated platform, positioning it as a secure and fully authorized venue for crypto spot trading across the European Union.
Led by Carlo Kölzer, CEO of 360T and Head of FX and Digital Assets at Deutsche Börse Group, the new platform reflects a long-term strategy to offer a one-stop solution for trading, settlement, and custody of digital assets, all under the trusted umbrella of Deutsche Börse.
3DX is built to serve institutional clients, offering access to liquidity from multiple providers through a neutral and efficient platform.
Leveraging 360T’s robust infrastructure, 3DX ensures low-latency execution and high reliability.
The platform also provides personalized streaming prices via the SuperSonic product suite, with access available through both GUI and API, preserving seamless workflow integration.
The platform is launching with support for bilateral settlement, while remaining flexible to adopt additional post-trade models in response to market demand.
3DX will also continue to offer Crypto NDFs (non-deliverable forwards) via 360T Bridge and its execution management system.
“Not only does the launch of 3DX demonstrate Deutsche Börse Group’s broader commitment to be a leader in the digital assets space,” Kölzer said
“It represents a significant milestone in 360T’s history as a global marketplace that aims to grow as a trusted partner in the evolving crypto landscape.”
Deutsche Bank and Standard Chartered Eye U.S. Crypto Expansion
Last month, the Wall Street Journal reported that Deutsche Bank and Standard Chartered are preparing to expand their crypto operations in the United States.
Deutsche Bank has already ramped up its global crypto involvement.
In January, it became a key banking partner for Börse Stuttgart’s Bison app, safeguarding users’ euro balances.
It also expanded its services in Asia through a partnership with Crypto.com and is positioning itself as a global fiat-to-crypto facilitator, with plans to replicate this model in the UK and Europe.
Last year, BaFin, Germany’s financial regulator, issued four licenses to Crypto Finance, a firm operated by Deutsche Börse.
Subsequently, in March, the German stock exchange launched a regulated spot platform for crypto assets targeting institutional clients.
At the time, Deutsche Börse said the platform dubbed the Deutsche Börse Digital Exchange (DBDX) would offer a fully regulated ecosystem for the trading, settlement, and custody of crypto assets.
In July, the firm also listed the Bitcoin Macro exchange-traded product (ETP) on the Deutsche Börse Xetra platform.
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