USDC
+0.0%
EURC
+0.4%Deutsche Bank prepares Bitcoin and Ethereum custody launch in Germany
Image: CointelegraphDeutsche Bank plans to launch Bitcoin and Ethereum custody in Germany and expand to Asian financial centers in 2027. The service will initially support BTC, ETH and select stablecoins including USDC, EURC and EURAU. It is for institutional and corporate customers. The German launch is planned within weeks, subject to regulatory clearance. The bank also aims for 8% annual corporate banking growth by 2028. It has not disclosed which Asian markets will receive the service first.
Key points
- Deutsche Bank plans to launch Bitcoin and Ethereum custody in Germany and expand to Asian financial centers in 2027.
- The custody service will initially support BTC, ETH and select stablecoins including USDC, EURC and EURAU.
- Gerald Podobnik, co-head of Deutsche Bank's corporate bank, cited digital asset and stablecoin growth as driving the plans.
Why it matters
Deutsche Bank's planned custody service is aimed at institutional and corporate clients holding BTC, ETH and select stablecoins. The bank's 2027 Asia plan would expand that service to more financial centers, subject to regulatory clearance.
What's unclear
Deutsche Bank has not disclosed which Asian financial centers will receive the custody service first.
Price context · BTC
At publication
$81,866.00
Now
$82,308.00
Change since
+0.54%
7 days · dashed line = publication
Sources · 3 publishers
Cointelegraph
Tier 1
Deutsche Bank prepares German crypto custody launch, eyes Asia: Report
Coinpedia
Tier 3
Deutsche Bank to Launch Bitcoin and Ethereum Custody Within Weeks
Coverage timeline
- First reported by CoinGape
- Also reported by Cointelegraph
- CryptoVideos brief published
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error
