🧚‍♀Deutsche Bank🇩🇪plans to enter the crypto custody market in 2026

🧚‍♀Deutsche Bank🇩🇪plans to enter the crypto custody market in 2026

Deutsche Bank, Germany’s largest corporate bank, plans to launch a digital asset custody service in collaboration with Austrian exchange Bitpanda🇦🇹 and Swiss technology provider Taurus SA🇨🇭.

➡️The partners began developing the project last year, with Deutsche Bank participating both as an investor and a client.

➡️Fact: Deutsche Bank is the largest bank in Europe, with total assets of approximately €1.387 trillion as of the end of 2024. The bank has been increasingly active in the crypto space, particularly through its asset management arm.

DWS, which is working on a euro-denominated stablecoin in collaboration with Flow Traders and Galaxy (GLXY).
This move follows a recent announcement by another major German institution, Sparkassen-Finanzgruppe, which plans to offer digital asset trading to its 50 million clients. It’s becoming increasingly clear that the crypto sector is gaining significant traction among Germany’s leading financial institutions.

#news #crypto #Europe

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