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Deutsche Bank Enters Crypto Custody Market with Institutional Service

Guavy AI Editorial Team
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BTC ETH USDC
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Germany's largest bank, Deutsche Bank, has made a significant move into cryptocurrency by announcing plans to launch a custody service for its corporate and business clients.

The new service will enable institutional clients to store their Bitcoin, Ethereum, and select stablecoins without needing to establish in-house infrastructure.

According to the bank's statement, the initial supported assets will include USDC ($1.00 · Live), EURC ($1.15 · Live), and EURAU, with the possibility of expanding the scope of supported digital assets in the future.

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