🏦 GERMANY’S LARGEST BANK OFFICIALLY CUSTODIES CRYPTO FOR INSTITUTIONAL CLIENTS
Deutsche Bank confirmed that its digital asset custody service went live on 11/11/2026, for fee-paying corporate and institutional clients in Europe. The bank directly manages wallets and private keys on behalf of clients, initially supporting five assets: Bitcoin, Ethereum, USDC, EURC, and EURAU.
The service is launching in Germany under the EU’s MiCA framework and was licensed by BaFin on 12/10. On the same day, the bank signed a memorandum of understanding with Deutsche Asset Management (DWS) to explore tokenized funds and stablecoins — still only an exploratory step, not a product launch.
Note: The service is for institutions only and is not available to retail customers. Crypto assets are not covered by deposit insurance like bank deposits. Deutsche Bank plans to expand into Asian financial hubs in 2027.
Meanwhile, BTC is trading around $73,900, while $XCN is the biggest gainer over the past 24 hours, up 9.30%.
Do you think major banks entering crypto will help the market mature, or does it simply show that “big money” is getting involved?
#CryptoNews #Bitcoin #DeutscheBank #MiCA
Deutsche Bank confirmed that its digital asset custody service went live on 11/11/2026, for fee-paying corporate and institutional clients in Europe. The bank directly manages wallets and private keys on behalf of clients, initially supporting five assets: Bitcoin, Ethereum, USDC, EURC, and EURAU.
The service is launching in Germany under the EU’s MiCA framework and was licensed by BaFin on 12/10. On the same day, the bank signed a memorandum of understanding with Deutsche Asset Management (DWS) to explore tokenized funds and stablecoins — still only an exploratory step, not a product launch.
Note: The service is for institutions only and is not available to retail customers. Crypto assets are not covered by deposit insurance like bank deposits. Deutsche Bank plans to expand into Asian financial hubs in 2027.
Meanwhile, BTC is trading around $73,900, while $XCN is the biggest gainer over the past 24 hours, up 9.30%.
Do you think major banks entering crypto will help the market mature, or does it simply show that “big money” is getting involved?
#CryptoNews #Bitcoin #DeutscheBank #MiCA
