Deutsche Bank has launched a digital asset custody service for institutional and corporate clients in Germany, supporting Bitcoin (BTC), Ethereum (ETH), and select stablecoins including USDC. The offering operates under BaFin/MiCA regulatory authorization and employs multi-layer key management controls.
The bank plans to expand the service to Asia by 2027 and introduce tokenization capabilities. The move aligns with Deutsche Bank's target of 8% compound annual growth in its corporate banking division by 2028.
The initial rollout is limited in scope: the service is not available to retail users, does not provide deposit guarantees, and trading functionality remains unconfirmed.
Deutsche Bank Launches Digital Asset Custody Service for Institutional Clients in Germany
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