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Deutsche Bank Taps Bitpanda to Launch Crypto Custody Service in 2026: Bloomberg

2025-07-01 15:27:42

Deutsche Bank Taps Bitpanda to Launch Crypto Custody Service in 2026: Bloomberg

Main Idea

Deutsche Bank plans to launch a crypto custody service in 2026, partnering with Bitpanda's technology arm, as part of a broader trend of major German banks expanding into crypto services.

Key Points

1. Deutsche Bank is partnering with Bitpanda's technology arm to build a crypto custody platform, set to launch in 2026.

2. Other major German banks, including Sparkassen and DZ Bank, are also integrating crypto services, with Sparkassen planning crypto trading for 50 million customers by summer 2026.

3. DZ Bank, Germany’s second-largest lender, is collaborating with Boerse to expand crypto offerings across its 700 cooperative banks.

4. Landesbank Baden-Württemberg announced plans in April 2024 to provide crypto custody services for institutional clients in partnership with Bitpanda.

5. The trend is not limited to Germany, with major U.S. banks like JPMorgan and Citigroup also adjusting their crypto policies amid regulatory discussions.

Description

Deutsche Bank plans to roll out a crypto custody service in 2026, partnering with Bitpanda’s technology arm to build the platform, Bloomberg reported Tuesday , citing sources familiar with the matter. Key Takeaways: Deutsche Bank will launch a crypto custody service in 2026 with support from Bitpanda and Taurus. The bank is exploring stablecoins and tokenized deposits, signaling a deeper commitment to digital assets. Major German banks, including Sparkassen and DZ Bank, are also moving into cryp...

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Altcoin News Bitcoin Custody Germany

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