Deutsche Bank plans to launch encryption asset accomplice services in 2026.

On July 1, sources revealed that Deutsche Bank AG plans to launch its digital asset custody service next year (2026) and has invited the technical department of the crypto assets exchange Bitpanda to assist in building the service. The sources stated that the bank's corporate banking division had publicly announced custody business plans as early as 2022 and will continue to collaborate with Swiss technology service provider Taurus SA to advance this project. These sources requested anonymity due to the discussion of confidential plans. The advancement of this custody service comes as major financial institutions increasingly focus on crypto assets. The newly introduced European crypto regulatory framework and the gradual shift towards a favorable environment in the U.S. have led traditional institutions to show greater interest in digital assets. Bitcoin prices have been rising since Trump was re-elected president in November 2024. Trump appointed several officials who support crypto assets to key regulatory positions and pushed for stablecoin regulatory reforms, helping to restore market confidence. According to earlier reports from Bloomberg, Deutsche Bank stated this month that it is researching stablecoins and various forms of tokenization deposits, including the issuance of its own tokens or joining industry alliances. Additionally, the bank is also evaluating whether to develop its own tokenized deposit solutions for the payment sector.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)