Germany’s Largest Bank Prepares Crypto Custody Launch, With Asia Expansion to Follow

Deutsche Bank, described as Germany’s largest bank, plans to launch a digital asset custody service in the coming weeks for institutional and corporate clients, pending regulatory approval. The service will initially allow clients to hold and transfer Bitcoin and Ethereum through the bank. Its phased rollout is expected to add ways to move funds into and out of major stablecoins and other leading cryptocurrencies, as well as access to tokenized assets such as digital bonds and equities. The bank intends to expand the custody platform into Asia’s financial hubs next year. The move comes as the European Union’s MiCA regulation has brought crypto assets into the mainstream institutional framework.