Deutsche Bank Nears Bitcoin Custody Launch As Crypto Push Expands Beyond Europe
Summary
Deutsche Bank is preparing to launch institutional digital-asset custody services in Germany within weeks, according to reported comments. The service is expected to support Bitcoin and Ethereum and use technology from Swiss firm Taurus. It targets businesses and professional investors, not retail customers, and aims to provide custody through established banking infrastructure. The bank has also discussed tokenized deposits, digital securities and possible expansion into Asian markets in 2027; those plans remain subject to approvals and arrangements.
