coinIX GmbH & Co. KGaA and ISB have jointly invested in XVA Blockchain GmbH to enhance automated transaction solutions in the financial sector.

Target Information

Founded in 2017, XVA Blockchain GmbH, based in Mainz, Germany, specializes in providing consulting services for banks, asset management firms, and insurance companies. The company also offers a platform solution designed for automated transaction processes, utilizing smart contracts facilitated through their blockchain technology. Smart contracts are computer programs that manage and evaluate data from various information sources.

According to Thomas Schwiertz, Managing Director of XVA, the traditional capital market is increasingly recognizing the advantages of blockchain technology. Recent regulations, such as the newly introduced regulation on crypto fund shares (KryptoFAV), highlight the compatibility of their solutions with current and future reporting obligations within traditional banking. The investment round, therefore, signifies a successful integration of blockchain technology into the established capital market.

Industry Overview in Germany

Germany's financial technology sector has been rapidly evolving, driven by advancements in technology and regulatory support fostering innovation. The adoption of blockchain technology, particularly in financial services, has gained traction as it addresses e