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© Reuters. File photo: In this illustrated picture on February 14, 2018, the representation of Ripple, Bitcoin, Ethereum and Litecoin virtual currencies can be seen on the PC motherboard. REUTERS/Dado Ruvic/Illustration/File Photo
FRANKFURT (Reuters)-Deutsche Börse (DE:), the operator of the German stock exchange, said on Tuesday that it is buying two-thirds of the shares of Swiss fintech crypto finance company to expand its supply of digital assets.
Founded in 2017, Crypto Finance has 55 employees, providing institutional and professional investors with digital asset trading, storage and investment.
Deutsche Börse declined to provide details of the purchase price, but stated that the purchase price was slightly higher than 100 million Swiss francs (108.68 million US dollars).
Founder Jan Brzezek will continue to serve as CEO along with the existing management team.
(1 US dollar = 0.9201 Swiss francs)
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