Deutsche Bank Launched Institutional Crypto Custody in Europe

Deutsche Bank Launched Institutional Crypto Custody in Europe

Summary

Deutsche Bank has launched a MiCA-regulated crypto custody and transfer service for institutional and corporate clients in Europe. Clients can hold Bitcoin, Ether, and selected stablecoins, including USDC, EURC and EURAU, with the bank managing wallets and private keys. The service uses technology developed with Swiss provider Taurus. Deutsche Bank also signed a memorandum with its asset-management arm to explore tokenized money market funds, crypto exchange-traded commodities and stablecoins. The bank has said it plans to expand the service to Asian financial centers in 2027.