Deutsche Bank to launch Bitcoin and Ethereum custody within weeks
Image: U.TodayDeutsche Bank plans to launch crypto custody services within weeks, starting with Bitcoin (BTC) and Ethereum (ETH). The service will first roll out in Germany and target institutional clients such as asset managers, hedge funds and companies. Gerald Podobnik, co-head of the corporate bank, confirmed the plan at the IMF and World Bank meetings in Bangkok. The bank also plans fiat-to-stablecoin conversion, tokenized deposits, digital bonds and expansion into Asian financial centers by 2027.
Key points
- Deutsche Bank plans to launch Bitcoin and Ethereum custody services within weeks, starting in Germany.
- The custody service is aimed at institutional and corporate clients rather than individual crypto investors.
- Gerald Podobnik, co-head of the corporate bank, announced the plan at IMF and World Bank meetings in Bangkok.
- Later services include fiat-to-stablecoin conversion, tokenized deposits and blockchain-based digital bonds.
Why it matters
A large German bank offering custody gives institutional clients a bank-backed way to hold BTC and ETH instead of relying entirely on exchanges. The bank says blockchain products will complement, not replace, its existing infrastructure.
What's unclear
The exact launch date is not given beyond the stated plan to start within weeks.
It is not confirmed whether stablecoins such as USDC and EURC will be part of the custody service at launch.
Price context · BTC
At publication
$81,866.00
Now
$75,768.00
Change since
−7.45%
7 days
Sources · 6 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
The Defiant
Tier 1
Deutsche Bank Plans Crypto Custody Launch Within Weeks
U.Today
Tier 2
Deutsche Bank to Launch Bitcoin and Ethereum Custody Within Weeks
Bitcoin.com News
Tier 2
Deutsche Bank Nears Launch of Institutional Bitcoin, Ether Custody
Coverage timeline
- First reported by CoinGape
- Also reported by Cointelegraph
- CryptoVideos brief published
- 3 more publishers added to sources
- Brief updated
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
ONDO
+0.6%
