Bitcoin Magazine Deutsche Bank To Debut Bitcoin Custody Within Weeks: Report
German multinational Deutsche Bank is just weeks away from its crypto custody service, according to reports.
The lender — which is Germany’s biggest — also plans to expand the custody platform into Asia next year, according to a Friday Reuters report, which quoted its corporate banking chief.
Top banks worldwide are debuting or planning to debut crypto custody services, with BNY Mellon, State Street, Standard Chartered, U.S. Bank, and Citigroup all committing to direct crypto custody over the past 18 months.
JUST IN: €732 billion Deutsche Bank to launch Bitcoin custody to its 28 million clients pic.twitter.com/TAh9EwLkIX
Deutsche Bank first officially announced plans to debut a bitcoin custody service for European corporate and institutional clients in September, with the German multinational at the time saying service was subject to the completion of the applicable regulatory timeline.
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