Deutsche Bank launches a digital asset custody service aimed at companies and institutions, allowing clients to store and transfer selected cryptocurrencies. The service covers Bitcoin and Ether, with support that also includes certain stablecoins, with the bank managing clients’ wallets and private keys.
Coverage also notes that Deutsche Bank connects the custody offering to related digital-asset activities. One outlet says the bank has gone live with the service and also signed an agreement that covers additional areas beyond direct custody, including tokenized funds and crypto-related products. Another outlet reports the launch more broadly, focusing on the custody service itself.
Across sources, the emphasis varies between the specific custody mechanics (wallet and key management) and the broader business scope (coverage of tokenized funds and other digital asset types). All accounts describe the move as a step into institutional crypto custody.
