Deutsche Bank Launches Institutional Crypto Asset Custody Services

TechFlow reports that on September 16, as reported by Bloomberg, Deutsche Bank announced the launch of its digital asset custody service, enabling institutional and corporate clients to securely hold and transfer Bitcoin, Ethereum, and select stablecoins. The service is expected to officially launch later this year upon regulatory approval. This marks Deutsche Bank's first major entry into the digital asset space, with plans to further expand the range of supported assets in the future, potentially including tokenized financial instruments.