German Securities Giant Dwpbank Launches WpNex Platform, Allowing 1,200 Banks to Offer Bitcoin Trading

German securities processing giant, Deutsche WertpapierService Bank AG (dwpbank), has launched wpNex, a new platform that allows over 1,200 affiliated banks to offer Bitcoin trading to retail customers. With wpNex, customers can seamlessly integrate cryptocurrency trading into their online banking experience, without any pre-funding necessary.

MLP Banking AG has become the first to offer crypto trading to its customers, with the service set to be available to all retail customers in the second half of this year. DZ Bank also plans to offer a Bitcoin option for its customers by the end of the year.

dwpbank's move is seen as setting the stage for Germany to become a major player in the world of crypto.

Patrick Hansen, EU Strategy and Policy Director at Circle, noted that the move is ‘great news for Bitcoin’s adoption’.

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