Deutsche Börse-backed Crypto Finance AG has teamed up with financial services provider Apex Group to offer institutional-grade crypto investment products.

Crypto Finance is provide Apex with the digital asset market infrastructure to issue structured investment vehicles such as exchange-traded products (ETPs).

The two firms' aim is to offer professional and institutional investors - banks, asset managers, family offices and so on - with the means to issue their own crypto-related investment products. The first such products will debut in Q2 of this year.

They expect "demand for crypto-related investment products is expected to grow in line with the exponential development of this new asset class," according to an announcement on Wednesday.

This therefore requires regulated providers such as Crypto Finance, which was brought under the banner of German capital markets exchange Deutsche Börse in 2021 when it acquired a two-thirds stake in the firm for $108.6 million.