DekaBank Launches Crypto Trading and Custody for Institutions
- DekaBank manages 377 billion euros ($395 billion) in assets.
- Introduced cryptocurrency trading and custody services after nearly two years of development.
- Received a crypto custody license from the Federal Financial Supervisory Authority (BaFin).
- Operates under the supervision of the European Central Bank (ECB).
- Focuses on security and regulatory compliance for institutional clients.
DekaBank, with assets worth 377 billion euros, has launched cryptocurrency trading and custody services for institutional clients following regulatory approval from BaFin. The bank emphasizes security and compliance while operating under ECB supervision.
Source (2.6)https://www.coindesk.com/markets/2025/02/24/dekabank-rolls-out-crypto-trading-custody-services-for-institutions-bloomberg?rand=52298