FX trading platform 360T has launched 3DX, a new regulated venue for institutional crypto spot trading. According to a 360T press release, the move broadens 360T’s existing digital asset offering, which already includes Crypto NDFs, and places it more firmly within Deutsche Börse Group’s wider digital strategy.
Previously known as DBDX, the service has now been merged into 360T to consolidate infrastructure and regulatory alignment. The platform is authorised by German regulator BaFin and complies with the EU’s new Markets in Crypto-Assets Regulation (MiCAR), which came into effect earlier this year. This makes 3DX one of the early institutional crypto venues operating under the new EU framework.
3DX is positioned as a neutral platform, offering access to liquidity from multiple providers. It runs on 360T’s established infrastructure and supports trading through both a graphical user interface and API connections, aimed at easing integration into existing institutional workflows. The platform currently supports bilateral settlement and is designed to be flexible in adopting future post-trade models in response to client demand.
Full-service
The initiative is led by Carlo Kölzer, who serves both as CEO of 360T and Head of FX and Digital Assets at Deutsche Börse Group. The project forms part of the Group’s broader ambition to offer a full-service digital asset infrastructure, including trading, settlement and custody, under one roof.
While the initial rollout focuses on spot crypto trading, 360T’s Crypto NDFs remain available via its Bridge and Execution Management System (EMS). According to the company, 3DX will continue to expand in line with regulatory developments and institutional demand, but no specific roadmap has been disclosed.
