Key facts
- Deutsche Bank plans to launch a crypto custody service for Bitcoin, Ether, and stablecoins.
- The service is expected to launch later this year, pending regulatory approval.
Deutsche Bank is preparing to enter the cryptocurrency market by launching a custody service for major digital assets, including Bitcoin, Ether, and stablecoins. The initiative is contingent upon receiving regulatory approval and is anticipated to be operational later this year. This move positions Deutsche Bank alongside other significant financial institutions that are developing or have already introduced digital asset services for their institutional clients.