Deutsche Bank to Launch Digital Asset Custody Services in 2026

Deutsche Bank announced plans to launch a digital asset custody service for European institutional and corporate clients by 2026, pending regulatory approval. The service will initially support Bitcoin, Ethereum, and stablecoins including USDC, EURC, and EURAU. The bank will manage wallets and private keys to assist clients with asset storage and transfers, utilizing security measures such as hardware-based key protection and multi-party authorization. The bank has been developing this infrastructure for years, previously partnering with Taurus and collaborating with Bitpanda for technical support.