Deutsche Bank, Charles Schwab double down on crypto as Bitcoin gains on TradFi

From both short- and long-term perspectives, these two headlines could not have come at a better time. First, Germany's largest bank, Deutsche Bank, is preparing to launch crypto custody services. According to Reuters, the bank is just a few weeks away from launching the service in Germany. It will initially support Bitcoin and Ethereum, before moving on to stablecoins and eventually Asian markets in 2027. That's not all though as $13 trillion financial giant Charles Schwab has also officially launched Bitcoin and Ethereum trading for eligible clients. In this particular case, about 40 million accounts will be able to access BTC and ETH on the same platform where they trade stocks and bonds.

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