Editor's PiCK

Deutsche Bank to launch cryptocurrency custody service next year

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Son Min

Summary

  • Deutsche Bank has announced plans to launch a cryptocurrency custody service next year.
  • Deutsche Bank stated it is collaborating with Bitpanda Technology Solutions and Taurus for this purpose.
  • Additionally, Deutsche Bank revealed that it is considering the introduction of stablecoins and tokenized deposits.

Deutsche Bank plans to officially launch a cryptocurrency (crypto asset) custody service next year.

On the 1st (local time), Bloomberg, citing informed sources, reported that “Deutsche Bank plans to launch a cryptocurrency custody service next year.”

To this end, it is known to be collaborating with Bitpanda Technology Solutions, a technology subsidiary of the Austria-based crypto asset exchange Bitpanda. In addition, it will continue its cooperation with its existing partner, the Swiss digital asset infrastructure company Taurus.

Previously, Deutsche Bank revealed that it is considering the introduction of stablecoins and tokenized deposits.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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