360T, the foreign exchange division of Deutsche Börse Group, has officially unveiled 3DX, an institutional cryptocurrency spot trading platform.
This new launch integrates the crypto trading offering with 360T’s existing foreign exchange infrastructure, furthering Deutsche Börse’s initiatives in the digital asset space.
Formerly recognized as DBDX, the project has undergone rebranding and is now part of 360T to enhance operational, regulatory, and commercial efficiency, as reported by Mondo Visione.
3DX Launches as MiCAR-Compliant, BaFin-Regulated Crypto Spot Venue
3DX operates as a MiCAR-compliant and BaFin-regulated platform, establishing it as a secure and fully authorized venue for cryptocurrency spot trading within the European Union.
Under the leadership of Carlo Kölzer, CEO of 360T and Head of FX and Digital Assets at Deutsche Börse Group, the platform aims to provide a comprehensive solution for trading, settlement, and custody of digital assets under the Deutsche Börse brand.
The platform is designed for institutional clients, delivering access to liquidity from various providers through a neutral and effective trading environment.
Utilizing 360T’s robust infrastructure, 3DX ensures low-latency execution and high reliability.
Additionally, the platform offers personalized streaming prices through its SuperSonic product suite, accessible via both graphical user interface (GUI) and API, maintaining seamless integration into existing workflows.
Deutsche Börse rebrands DBDX as 3DX, expands regulated crypto trading
Deutsche Börse has rebranded its institutional crypto platform DBDX as 3DX, integrating it with its FX platform 360T to streamline access for institutional clients, according to Ledger Insights. 3DX now offers…
— CoinNess Global (@CoinnessGL) May 8, 2025
The launch also introduces support for bilateral settlement, with the capability to adopt additional post-trade models as market demand evolves.
Furthermore, 3DX will continue to provide Crypto NDFs (non-deliverable forwards) through the 360T Bridge and its execution management system.
“The launch of 3DX not only underscores Deutsche Börse Group’s broader commitment to being a leader in the digital assets arena,” Kölzer stated, “but also marks a significant milestone in the history of 360T as a global marketplace aiming to establish itself as a reliable partner in the changing crypto landscape.”
Deutsche Bank and Standard Chartered Eye U.S. Crypto Expansion
Recently, the Wall Street Journal reported that both Deutsche Bank and Standard Chartered are gearing up to enhance their cryptocurrency operations in the United States.
Deutsche Bank has already intensified its engagement in the global crypto market.
In January, it became a primary banking partner for Börse Stuttgart’s Bison app, overseeing the safeguarding of users’ euro balances.
@bisonapp has partnered with @DeutscheBank to strengthen its security and multi-banking strategy. #BisonApp #DeutscheBank #Cryptocurrencieshttps://t.co/4joMbs3pDm
— Finance Newso.com (@Finance Newso) January 14, 2025
Additionally, the bank has expanded its presence in Asia through a partnership with Crypto.com, positioning itself as a global facilitator for fiat-to-crypto transactions, with intentions to replicate this model in the UK and Europe.
Last year, Germany’s financial regulator, BaFin, granted four licenses to Crypto Finance, a company under the Deutsche Börse umbrella.
In March, Deutsche Börse launched a regulated platform for cryptocurrency assets aimed at institutional clients, known as the Deutsche Börse Digital Exchange (DBDX), which promised a fully regulated ecosystem for trading, settlement, and custody of crypto assets.
In July, the firm also introduced the Bitcoin Macro exchange-traded product (ETP) on the Deutsche Börse Xetra platform.
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