PANews reported on February 9 that according to Bloomberg, Deutsche Bank's asset management division DWS Group is in talks to invest in two German crypto companies as part of its growth strategy. According to people familiar with the matter, DWS CEO Stefan Hoops has begun negotiations to acquire a minority stake in ETF provider Deutsche Digital Assets and trading company Tradias. As a long-time cryptocurrency advocate, Hoops said in last week's earnings call that the current low prices of crypto assets could create "interesting opportunities" for DWS. In the company's roadmap released in December last year, Hoops mentioned that one of the company's goals is to support access to its products through blockchain, with the vision of creating a euro stablecoin and building or investing in various blockchain-related services.