Add as a preferred source on GoogleDeutsche Bank Plans German Crypto Custody Launch Within Weeks
Bitcoin and Ether are planned for the initial custody phase, with stablecoin transfer services to follow. The bank also plans tokenized deposits and support for clients issuing blockchain-based securities.
Deutsche Bank plans to begin digital-asset custody in Germany within weeks, setting up an initial service for major cryptocurrencies before a planned expansion to Asian financial centers in 2027.
The service will roll out in stages, initially supporting Bitcoin (BTC) and Ether (ETH). Later phases are planned to add deposit and withdrawal services for major stablecoins.
The bank also plans to offer tokenized deposits and help clients issue digital bonds and other blockchain-based securities.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.