# DWS Plans Tokenized Money Market Fund With Deutsche Bank By John Kim Canonical URL: https://www.tokenpost.com/news/business/55019 Published: 2026-11-12T06:25:44.000Z Updated: 2026-11-12T06:25:44.000Z Section: Business > The memorandum covers crypto-asset ETCs and stablecoin services, plus possible custody, settlement, liquidity management and distribution arrangements. DWS, Deutsche Bank’s asset management subsidiary, plans to bring a tokenized money market fund to market as the companies explore digital-asset products through the bank’s new custody platform. DWS Chief Product Officer Manfred Bauer said the asset manager plans to launch the fund. The memorandum of understanding also covers exploration of tokenized money market funds, crypto-asset ETCs and stablecoin-related services. The companies are considering custody, settlement, liquidity management and distribution arrangements through Deutsche Bank’s Digital Asset Custody platform. Deutsche Bank launched the service Nov. 11. The bank had announced its [custody plan]() in September for corporate and institutional clients, excluding retail customers. Clients can hold Bitcoin (BTC), Ether (ETH), USDC, EURC and EURAU through the service and transfer them to other institutions. DWS had €1.22 trillion in assets under management as of Sept. 30. ## Links in this article - [custody plan](https://www.tokenpost.com/news/business/54779)