Hedeby was a significant trading settlement located at the southern tip of the Jutland Peninsula in present-day Denmark, established around the 8th century. It served as a central hub for trade between Scandinavia and the broader European continent, playing a crucial role in the development of commerce during the Viking Age. The settlement is known for its bustling marketplace, where goods such as textiles, metals, and exotic items were exchanged, reflecting the interconnectedness of cultures at that time.