Deutsche Bank just entered the custody game

quiet institutional story landing the same day as all this fed noise

deutsche bank a bank with a 1.7 trillion dollar balance sheet just launched institutional digital asset custody services and is preparing for a mica license specifically to enter the bitcoin and ether custody market

this is the same pattern we've tracked all month traditional finance doesn't wait for perfect regulatory clarity in the us it builds custody infrastructure in parallel wherever the rules are clearer

worth remembering next time someone says legacy banks are staying away from crypto they're not staying away they're just building quietly instead of tweeting about it

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