Deutsche Bank launched a crypto custody service for institutional and corporate clients, according to an announcement shared with Cointelegraph. The service initially supports Bitcoin, Ether and select stablecoins, including USDC, EURC and EURAU. The bank had said it planned to launch in Germany before expanding to Asian financial centers in 2027.
Deutsche Bank also signed a memorandum of understanding with its majority-owned asset manager, Deutsche Asset Management, to explore collaboration on tokenized money market funds, crypto asset exchange-traded commodities and stablecoins.
