Deutsche Bank says it plans to launch a digital asset custody service for institutional clients in Europe this year. The offering is initially designed to hold major cryptocurrencies, starting with bitcoin and ether, and includes support for select stablecoins.
Both outlets report that Deutsche Bank is preparing a limited “debut” range rather than broad coverage from the start. The Block and CoinDesk both say the custody service will include stablecoins such as USDC and EURC, indicating a focus on assets with wider market use. The reporting also frames the launch as part of the bank’s move into crypto infrastructure for clients that want regulated custodial services rather than self-custody.
While details like rollout timing and the full list of assets are not fully specified, the sources broadly agree on the planned launch window (this year), the institutional target market, and the initial supported asset types. The outlets differ mainly in wording and the degree of specificity about which stablecoins will be included at launch.
