Deutsche Bank launches cryptocurrency custody service for institutional clients
Deutsche Bank has launched its digital asset custody service, offering its institutional clients in Germany secure wallet management and the ability to transfer Bitcoin, Ether, and stablecoins.
The bank has also signed an asset management agreement covering tokenized funds, cryptocurrency ETCs (exchange-traded commodities), and stablecoins. Expansion into Asia is planned for 2027.
This initiative marks an important step by one of Europe’s largest banks toward regulated cryptocurrency infrastructure, addressing institutional demand for custody solutions that comply with current regulations.
Source
Trade on Binance
Deutsche Bank has launched its digital asset custody service, offering its institutional clients in Germany secure wallet management and the ability to transfer Bitcoin, Ether, and stablecoins.
The bank has also signed an asset management agreement covering tokenized funds, cryptocurrency ETCs (exchange-traded commodities), and stablecoins. Expansion into Asia is planned for 2027.
This initiative marks an important step by one of Europe’s largest banks toward regulated cryptocurrency infrastructure, addressing institutional demand for custody solutions that comply with current regulations.
Source
Trade on Binance
