Deutsche Bank Launches Crypto Custody Service for Institutional Clients

Deutsche Bank is expanding its reach into new frontiers with its crypto custody service for institutional clients, supporting Bitcoin, Ethereum, and three stablecoins. Deutsche Bank has launched its digital asset custody service for institutional and corporate clients, marking a major expansion of the German banking giant into cryptocurrencies. The service allows eligible clients to securely hold and transfer Bitcoin , Ethereum , and selected stablecoins through the bank's custody platform. According to a report, the service is now operational following Deutsche Bank's September announcement that it planned to enter the digital asset custody market.