Deutsche Bank launches digital asset custody service for European institutions
Deutsche Bank has rolled out a digital asset custody platform for paying corporate and institutional clients in Europe, supporting Bitcoin, Ether, and select stablecoins.
Deutsche Bank has officially launched its digital asset custody service for paying corporate and institutional clients across Europe. The platform enables clients to store and transfer digital assets, with the bank managing wallets and private keys directly on their behalf.[1][2][7][9]
The custody offering supports Bitcoin and Ether, alongside stablecoins such as USDC, EURC, and EURAU. The rollout follows a five-year buildup and formalizes plans first revealed by the German banking giant in September.[3][5][6][7]
Looking ahead, Deutsche Bank plans to expand the service into Asia and introduce tokenization capabilities by 2027. As part of its broader push into digital assets, the bank also entered into an agreement and memorandum of understanding with Deutsche Asset Management to explore tokenized products, including funds, crypto exchange-traded commodities, and settlement infrastructure.[2][4][5][8][10]
Key facts
- Deutsche Bank went live with a digital asset custody platform for paying corporate and institutional clients in Europe.
- The service supports Bitcoin, Ether, and stablecoins including USDC, EURC, and EURAU.
- Deutsche Bank manages wallets and private keys on behalf of custody clients.
- Deutsche Bank plans an expansion into Asia and the introduction of tokenization services in 2027.
- The bank signed an agreement and memorandum of understanding with Deutsche Asset Management to explore tokenized funds, crypto ETCs, and stablecoins.
Sources · 10 sources
- CT
Coin TelegraphArticle ·
Deutsche Bank launches crypto custody for companies and institutions Clients can store and transfer Bitcoin, Ether and select stablecoins through the bank, which manages their wallets and private keys.
Open source - JM
Jacquelyn Melinek@jacqmelinekPost on X ·
Germany's largest bank @DeutscheBank is now holding crypto for its clients 🇩🇪 The bank says its digital asset custody service went live today for paying clients. It's built for institutional and corporate clients in Europe and covers bitcoin, ether and stablecoins like USDC and EURC. The bank manages the wallets and private keys on clients' behalf. The bank’s longer term goal is to provide a “fully integrated, regulated ecosystem that supports the custody, tokenisation, and settlement of digital assets." It also signed an MOU with Deutsche Asset Management to explore working together on digital assets.
Open source - CO
CoinMarketCap@CoinMarketCapPost on X ·
LATEST: 🏦 Deutsche Bank has launched its Digital Asset Custody service for corporate and institutional clients in Europe, supporting Bitcoin, ETH, USDC, EURC, and EURAU. https://t.co/lHMVhAbxdE
Open source - TB
The BlockArticle ·
Deutsche Bank goes live with digital asset custody service, signs asset management deal Deutsche Bank launched its digital asset custody service and signed an agreement covering tokenized funds, crypto ETCs, and stablecoins.
Open source - CO
CoinDesk@CoinDeskPost on X ·
LATEST: @DeutscheBank goes live with institutional digital asset custody, supporting $BTC, $ETH, $USDC, $EURC and $EURAU for corporate and institutional clients, with Asian expansion and tokenization on the roadmap for 2027. https://t.co/p009nIe6jX
Open source - DE
Decrypt@DecryptMediaPost on X ·
Deutsche Bank Goes Live With Crypto Custody After a Five-Year Buildup https://t.co/UfjJRmwcFc
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: Deutsche Bank's digital asset custody service has gone live for paying clients. The German banking giant first announced plans for the service in September, targeting institutional and corporate clients in Europe, with support for bitcoin, ether, and stablecoins. https://t.co/bOc2tNU4uT
Open source - SO
SolanaFloor@SolanaFloorPost on X ·
🇩🇪NEWS: Germany’s largest bank, Deutsche Bank, has launched crypto custody services for institutional and corporate clients, supporting $BTC, ETH and select stablecoins like USDC. Expansion into Asia and tokenization services are planned for 2027. https://t.co/1FOkp2jHAH
Open source - AI
Analytics Insight@analyticsinmePost on X ·
𝗚𝗲𝗿𝗺𝗮𝗻𝘆’𝘀 𝗗𝗲𝘂𝘁𝘀𝗰𝗵𝗲 𝗕𝗮𝗻𝗸 𝗹𝗮𝘂𝗻𝗰𝗵𝗲𝘀 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗮𝗻𝗱 𝗘𝘁𝗵𝗲𝗿 𝗖𝘂𝘀𝘁𝗼𝗱𝘆 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 Deutsche Bank has switched on digital asset custody for paying clients, marking a major move by a European banking major into regulated crypto infrastructure. #DeutscheBank #Crypto #DigitalAssets #Bitcoin #Ethereum #AnalyticsinsightUAE Read More👇 https://t.co/A0QQA77uLh
Open source - CB
Coin Bureau@coinbureauPost on X ·
🔥BIG: Deutsche Bank, Germany’s largest bank, launches crypto custody service that allows institutional clients to hold and transfer BTC, ETH and stablecoins. The service is available across Europe, with Deutsche Bank managing clients’ wallets and private keys. The bank also signed a deal with Deutsche Asset Management to explore tokenized financial products. The asset management arm, which oversees nearly $1.4 TRILLION in assets, plans to launch a tokenized money market fund.
Open source