FRANKFURT – November 04, 2025 – 360T has introduced a new settlement model for Crypto Spot Trading on 3DX, its crypto-asset trading platform. The model introduces Delivery versus Payment (DvP) settlement for their Crypto Spot activity on 3DX. It enables clients to eliminate settlement risk and avoid pre-funding requirements. The service is offered in collaboration with Deutsche Börse Group companies, Clearstream and Crypto Finance, who act as settlement agents. Through this new setup, 3DX members can also easily access the custody services provided by Clearstream and Crypto Finance.
In May 2025, 3DX launched its Crypto Spot Trading activity, powered by 360T’s SuperSonic suite, offering bilateral streaming prices between counterparties. The new optional DvP model builds on the initial phase which supported direct settlements between trading counterparties, giving clients the flexibility to continue settling their crypto trades bilaterally if preferred.
The new settlement model in collaboration with Clearstream and Crypto Finance integrates with 3DX’s trading activity to streamline workflows for 3DX clients. This supports an end-to-end process for crypto trading, mitigates settlement risk, and aligns crypto activity with other asset classes traded by clients today.
Ralph Achkar, Head of Digital Currency Strategy at 360T, said, “The new DvP model is in line with our vision to offer crypto services for institutional clients through an existing FX trading infrastructure. To complement our competitive trading model, we work with reputable partners who are part of Deutsche Börse Group, to eliminate settlement risk and remove the need for settlement pre-funding. This should enable more of our ecosystem to safely participate in this market.”
“By working with 3DX, we are expanding our group-wide integrated offering for crypto currencies and stablecoins”, added Thilo Derenbach, Head of Sales and Business Development for Digital Securities Services at Clearstream. “After the successful introduction of a Clearstream crypto custody service earlier this year, we will leverage this collaboration to offer DvP settlements to cryptos in a similar way to other assets that clients hold on their existing accounts with us.”
Phil Dettwiler, Head of Custody & Settlement at Crypto Finance Group commented, “Our commitment to servicing the crypto needs of institutional clients is further demonstrated in our work with 3DX. Clients will benefit from our flexibility, wide crypto experience, and fully MiCAR regulated status to obtain DvP settlements as well as custody services in a very efficient manner. We will continue to add institutional grade services for crypto.”
About 360T Group
360T is one of the globally leading trading platforms for Foreign Exchange (FX). As Deutsche Börse Group’s powerhouse for FX, 360T provides a web-based trading technology for over-the-counter (OTC) instruments, integration solutions and related services. Since its inception in 2000, the company has developed and maintained a state-of-the-art multi-bank portal for foreign exchange, crypto assets, cash and money market products. With over 3,000 Buy-Side customers and more than 200 liquidity providers across 80 different countries, 360T is uniquely positioned to connect the global FX and Crypto industry.
Further information: www.360t.com
About 3DX
3DX, powered by 360T’s award-winning technology, is a crypto-asset trading platform regulated under the Markets in Crypto-Assets Regulation (MiCAR). With 3DX, firms have the opportunity to expand their portfolios and seamlessly add crypto-assets to their existing workflows, gaining exposure to the crypto market through a familiar trading infrastructure. 3DX is a product suite of 360 Treasury Systems AG.
Further information: www.360t.com/3dx
360T media contact:
Sarah Brylewski
+49 69 900 289 369
[email protected]