Deutsche Bank to Launch Bitcoin Custody for Institutional Clients

Deutsche Bank announced plans to introduce a bitcoin custody service for European corporate and institutional clients within this year, pending regulatory approval. The bank intends to support a selected range of digital assets, including stablecoins and tokenized financial instruments, as part of its strategy to provide a secure gateway to the digital asset market. This move follows similar initiatives by other major global financial institutions such as BNY Mellon and Citigroup.