Deutsche Bank readies Ethereum custody as JPM Coin moves to mainnet
- —Deutsche Bank targets a Germany launch first, then wider Europe
- —Initial asset lineup: ETH, BTC, USDC, EURC and EURAU
- —JPM Coin (JPMD) migrated from Base to Ethereum mainnet on October 19
- —Kinexys has processed over $4 trillion, averaging about $7 billion a day
Why it matters: Two global banks are routing institutional liquidity and custody onto public Ethereum, reinforcing its role in asset tokenization.
Source: Crypto Briefing