Deutsche Bank to Launch Crypto Custody Service with Bitpanda in 2026
Deutsche Bank is set to launch a crypto custody service in 2024, as reported by Bloomberg.
- The bank is collaborating with cryptocurrency exchange Bitpanda for this initiative.
- Previously, Deutsche Bank participated in crypto custody through Swiss custodian Taurus, where it is an investor and client.
- The future of the relationship with Taurus remains uncertain with the in-house service launch.
- Deutsche Bank's recent activities also include plans by its asset management subsidiary DWS to issue a euro stablecoin in partnership with Flow Traders and Galaxy.
Bitpanda and Deutsche Bank did not provide comments on this development.