Deutsche Bank launches crypto custody, with the bank managing wallet private keys.
According to Cointelegraph, Deutsche Bank has launched a crypto custody service for businesses and institutions. Customers can use the bank to store and transfer Bitcoin, Ethereum, and some stablecoins, with the bank managing their wallets and private keys.
· Custody is limited to BTC, ETH, and some stablecoins—not every crypto asset
· Private keys are managed by the bank, meaning institutions hand control of their keys to the custodian
When choosing a custodian, what matters more to you: who holds the private keys, or which cryptocurrencies are supported?
$BTC $ETH
According to Cointelegraph, Deutsche Bank has launched a crypto custody service for businesses and institutions. Customers can use the bank to store and transfer Bitcoin, Ethereum, and some stablecoins, with the bank managing their wallets and private keys.
· Custody is limited to BTC, ETH, and some stablecoins—not every crypto asset
· Private keys are managed by the bank, meaning institutions hand control of their keys to the custodian
When choosing a custodian, what matters more to you: who holds the private keys, or which cryptocurrencies are supported?
$BTC $ETH
