Sparkassen launches XRP trading for 50 million customers, manages €1.62 trillion in assets

Sparkassen, the largest banking network in Europe, has started offering XRP trading services to its customer base, according to a recent report from Whale Insider. The new service is available through DekaBank and marks a significant expansion for XRP in the region, as the long-standing altcoin holds its position near the $1.32 demand zone. The Sparkassen network commands a major role in Germany’s financial sector, managing more than €1.62 trillion in total assets, €1.247 trillion in customer deposits, and over €1.08 trillion in customer loans. Although Sparkassen is not publicly traded, it operates at a scale that impacts both Germany and broader European markets. DekaBank is facilitating the new XRP trading feature via a structure that charges €0.99 per order plus spread.

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