Deutsche Bank to launch crypto custody within weeks, expand to Asia by 2027
- —Custody service to launch within weeks with BTC and ETH support
- —Bank targets major Asian financial hubs by 2027
- —Plans to add fiat-to-stablecoin conversion and tokenized deposits
- —Corporate clients to get blockchain-based digital bond issuance
Why it matters: Germany's largest bank is opening institutional crypto and tokenized-asset access, intensifying competition in the custody market.
Source: Bloomingbit