Deutsche Bank Plans Crypto Custody Launch Within Weeks, Eyes Asia Expansion in 2027
According to Reuters, Deutsche Bank | Hanami
Deutsche Bank Plans Crypto Custody Launch Within Weeks, Eyes Asia Expansion in 2027
According to Reuters, Deutsche Bank, Germany's largest bank, plans to launch cryptocurrency custody services within weeks and expand into Asian financial hubs in 2027. Gerald Podobnik, co-head of its corporate bank, said the service will initially support major cryptocurrencies such as BTC and ETH, with plans to add fiat-to-stablecoin conversion services. The bank also intends to offer tokenized deposits and help clients issue blockchain-based securities, including digital bonds, as part of its broader corporate banking growth strategy.