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Deutsche Bank to launch cryptocurrency custody service within weeks
According to product materials and statements from bank executives, Deutsche Bank is preparing to launch its first digital asset custody service for institutions within weeks.
The initial offering will cover Bitcoin, Ether, and three stablecoins. A bank executive said the launch will begin with major cryptocurrencies and later expand to include on- and off-ramp functionality.
The move places Deutsche Bank among a growing number of traditional financial institutions entering the digital asset custody sector, targeting institutional clients seeking regulated infrastructure for holding crypto assets.
#CryptoNews #BTC #ether #stablecoin
Deutsche Bank to launch cryptocurrency custody service within weeks
According to product materials and statements from bank executives, Deutsche Bank is preparing to launch its first digital asset custody service for institutions within weeks.
The initial offering will cover Bitcoin, Ether, and three stablecoins. A bank executive said the launch will begin with major cryptocurrencies and later expand to include on- and off-ramp functionality.
The move places Deutsche Bank among a growing number of traditional financial institutions entering the digital asset custody sector, targeting institutional clients seeking regulated infrastructure for holding crypto assets.
#CryptoNews #BTC #ether #stablecoin