Deutsche Bank launches crypto custody for companies and institutions

Deutsche Bank launches crypto custody for companies and institutions

Summary

Deutsche Bank has launched crypto custody and transfer services for institutional and corporate clients in Europe. The service initially supports Bitcoin, Ether and selected stablecoins, including USDC, EURC and AllUnity’s EURAU. The bank also signed an agreement with its majority-owned asset manager to explore tokenized money market funds, crypto exchange-traded commodities and stablecoins. It partnered with Taurus to develop the custody offering and plans to expand into Asian financial centers in 2027.