German Stock Exchange Subsidiary To Launch Crypto Trading App. Sowa Labs is the name of that German exchange subsidiary that is currently working on crypto trading app. Sowa Labs is the 2nd largest stock exchange “Borse Stuttgart” and it is committed to launch crypto trading app at the end of this year.
The app will be called “Bison and on initial basis will support the trading of following cryptocurrencies:
Whereas, the crypto trading app will introduce more coins later on. Bison will support English and German languages.
German Stock Exchange Subsidiary To Launch Crypto Trading App
Dr. Ulli Spankowski, MD of Sowa Labs said that:
“BISON makes trading in digital currencies easy. It is the first crypto app in the world to have a traditional stock exchange behind it.”
Borse Stuttgart has successfully acquired 100% stake in the Sowa Labs when in December 2017 it bought fintech startup. The company officials said that the acquisition of Sowa Labs helped to fulfill the exchange’s digital strategy.
Bison will make the cryptocurrencies trading more easy for the traders who are currently looking for alternatives due to regulatory bans.
Source: Coin Telegraph