Deutsche Bank to Launch Bitcoin and Ethereum Custody Within Weeks

Deutsche Bank, Germany's top bank, is set to roll out a crypto custody service in the coming weeks, a major step to deepen the company's presence in the world of digital assets. It plans to start by providing custody services for major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). The company will later expand its digital asset offerings, Gerald Podobnik, co-head of the corporate banking division at Deutsche Bank, announced the company's plans at the International Monetary Fund and World Bank meetings in Bangkok. The new custody service will first be rolled out in Germany. The bank plans to expand its presence in key financial centers across Asia by 2027.

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