Hauck & Aufhäuser acquires Kapilendo Custodian AG

Hauck & Aufhäuser acquires Kapilendo Custodian AG

Press Release

15. September 2021

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Frankfurt/Berlin, 15.09.2021: Hauck & Aufhäuser Privatbankiers AG has reached an agreement with Bloxxon AG to acquire Kapilendo Custodian AG. The bank thus acquires one of the first crypto custodians with permission to custody crypto assets in Germany. Kapilendo Custodian AG received the necessary BaFin authorization to provide crypto custody services on Sept. 14, 2021. This is the private bank's next step in expanding its range of services in the field of digital assets.

Frankfurt/Berlin, 15.09.2021: Kapilendo Custodian AG manages cryptographic keys, known as private keys, which are used to retain, store or transfer digital assets such as cryptocurrencies. The acquisition of Kapilendo Custodian AG (the acquisition is still subject to the approval of the competent supervisory authority), which will operate under the name Hauck & Aufhäuser Digital Custody AG in the future, and the establishment of the group subsidiary Hauck & Aufhäuser Innovative Capital GmbH in September 2020, an investment company for digital assets, brings Hauck & Aufhäuser closer to its goal of covering the entire value chain of digital assets in-house, in addition to asset management, also in asset servicing.

"We expect tokenization of assets to become a fundamental part of the fund industry. At Hauck & Aufhäuser, we will actively drive and shape this change for and with our fund clients. Following the launch of Germany's first digital assets fund (HAIC Digital Assets Fund I) by an established financial services provider, we are pleased to also lead the way in the custody of digital assets with the new Hauck & Aufhäuser Digital Custody AG," explains Dr. Holger Sepp, Member of the Management Board at Hauck & Aufhäuser.

In doing so, Hauck & Aufhäuser will further expand its cooperation with Bloxxon AG. "The cooperation of Hauck & Aufhäuser and Bloxxon in the field of custody services for digital assets combines the opportunities of the blockchain and decentralized finance world with the security of regulated banks in an excellent way and therefore represents a real milestone in the expansion of our digital asset platform. From now on, we provide institutional investors with convenient access to digital assets based on the familiar standards of the established financial system," concludes Johannes Schmitt, CEO of Bloxxon AG.


About Hauck & Aufhäuser
Privatbankiers AG

Hauck & Aufhäuser Privatbankiers can look back on 225 years of tradition. The bank emerged from the merger of two long-established private banks: Georg Hauck & Sohn Bankiers in Frankfurt am Main, founded in 1796, and Bankhaus H. Aufhäuser, on the market in Munich since 1870. The two houses merged in 1998. The bank's Management Board consists of Michael Bentlage, Chairman of the Management Board, and Dr. Holger Sepp and Robert Sprogies, members of the Management Board. Hauck & Aufhäuser sees itself as a private bank that is both rich in tradition and modern.

With offices in Frankfurt am Main, Munich, Hamburg, Düsseldorf and Cologne, the bank focuses on comprehensive advisory services and asset management for private and corporate clients, asset management for institutional investors, comprehensive fund services for financial and real assets in Germany, Luxembourg and Ireland, and cooperation with independent asset managers. In addition, the bank offers research, sales and trading activities specializing in small and mid-cap companies in German-speaking countries as well as individual services for IPOs and capital increases. The focus of the business activities is on holistic and personal advice, on the basis of which individual solutions are developed. www.hauck-aufhaeuser.com


About Bloxxon AG

BLOXXON AG offers institutional investors and financial service providers product solutions and API services for digital assets in the core business areas of custody (safekeeping of digital assets), tokenization (issuance of digital securities) and asset servicing (trading, reporting, access to trading venues). With its own licenses for crypto custody, investment brokerage and financial portfolio management, BLOXXON is the leading crypto-as-a-service partner for investment companies, asset managers and banks. For corporates and asset managers, BLOXXON offers a one-stop store for tokenized securities issuance. Issuers such as L'Osteria SE and renowned banking partners such as Hauck & Aufhäuser already rely on BLOXXON AG's services. Through its subsidiary Wevest AG, BLOXXON AG offers wealthy private clients access to the first regulated asset management with crypto assets in Germany. www.bloxxon.co

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