🏦 Deutsche Bank goes live with bitcoin, ether and stablecoin custody
Deutsche Bank launched its Digital Asset Custody (DAC) service on Wednesday, less than two months after first announcing it in September. Corporate and institutional clients across Europe can now hold BTC, ETH, USDC, EURC and EURAU with the bank, which manages their wallets and private keys and supports transfers to other parties.
The bank also signed a memorandum of understanding with Deutsche Asset Management to explore tokenized money market funds, crypto ETCs and stablecoins on the DAC platform. Deutsche Asset Management, which oversees €1.22 trillion in assets, said it plans to launch a tokenized money market fund.
⭐ One of Europe's largest banks now holds crypto directly for institutions, another sign that traditional finance is building real infrastructure for digital assets.
#DeutscheBank #Bitcoin #Ethereum #Stablecoins #Tokenization
Deutsche Bank launched its Digital Asset Custody (DAC) service on Wednesday, less than two months after first announcing it in September. Corporate and institutional clients across Europe can now hold BTC, ETH, USDC, EURC and EURAU with the bank, which manages their wallets and private keys and supports transfers to other parties.
The bank also signed a memorandum of understanding with Deutsche Asset Management to explore tokenized money market funds, crypto ETCs and stablecoins on the DAC platform. Deutsche Asset Management, which oversees €1.22 trillion in assets, said it plans to launch a tokenized money market fund.
⭐ One of Europe's largest banks now holds crypto directly for institutions, another sign that traditional finance is building real infrastructure for digital assets.
#DeutscheBank #Bitcoin #Ethereum #Stablecoins #Tokenization
