Deutsche Bank Prepares Bitcoin and Ether Custody in Germany
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Deutsche Bank is nearing the launch of institutional bitcoin and ether custody in Germany as part of its corporate banking growth strategy.
Deutsche Bank is preparing to introduce custody services for institutional clients holding bitcoin and ether in Germany, according to Bitcoin.com News.
The bank linked the initiative to its broader corporate banking strategy, which targets an 8% compound annual growth rate in those services by 2028.
Deutsche Bank co-head Gerald Podobnik said the crypto services would sit alongside its traditional offerings. The report excerpt did not provide a specific launch date.
Source: Bitcoin.com News
