Sparkassen launches BTC ETH XRP SOL and POL trading in banking app

CryptoVideos brief
Built from 3 sources 20 Oct 2026 · 14:00 UTC 1 min read Main editor: Earl Jacobson

Germany's Sparkassen savings bank network launched trading in BTC, ETH, XRP, SOL and POL through its banking app. DekaBank provides custody, and customers cannot transfer holdings directly to personal hardware wallets. More than 230 Sparkassen institutions have expressed interest in offering the service, with wider rollout expected through the first half of 2027. Separately, Blockchain.com launched weekly call and put options on seven assets, settled in USDC with a $5 minimum premium.

Key points

Sparkassen launched trading in BTC, ETH, XRP, SOL and POL through its banking app, with DekaBank providing custody.
Both services include BTC, ETH and SOL among the assets available to customers.
Sparkassen customers cannot transfer holdings directly to personal hardware wallets, though they can sell through the app.
Blockchain.com limits options trading to eligible users and uses a buy-only, hold-to-settlement structure.

Why it matters

The launches expand access to crypto trading through a large German banking network and a major exchange, while both keep restrictions such as no direct hardware-wallet transfers or eligibility limits.

What's unclear

The full list of the seven assets available for Blockchain.com options is not named in the report.

The exact number of Sparkassen institutions participating at launch is not stated.

Price context · XRP

At publication

$1.30

Now

$1.33

Change since

+2.31%

7 days · dashed line = publication

Sources · 3 publishers

CoinGape Tier 2 First report 19 Oct, 16:21 UTC

Germany’s Sparkassen Launches BTC, ETH, XRP, SOL and POL Trading Through Banking App

The Defiant Tier 1 19 Oct, 17:23 UTC

Lighter Launches BTC and ETH Binary Options on Core

Crypto Briefing Tier 2 19 Oct, 17:26 UTC

Lighter launches BTC and ETH binary options on Core

Crypto Briefing Tier 2 13:55 UTC

Blockchain.com launches options trading for BTC, ETH, SOL, and more

The Defiant Tier 1 13:56 UTC

Blockchain.com Launches Options Trading on Seven Cryptoassets

Coverage timeline

Oct 19, 16:21First reported by CoinGape
Oct 19, 17:23Also reported by The Defiant
Oct 20, 14:00CryptoVideos 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