Deutsche Bank Plans Crypto Custody Service With Bitpanda in 2026: Bloomberg

Deutsche Bank (DB) is planning to debut a crypto custody service subsequent yr, Bloomberg reported on Tuesday.

Germany’s largest financial institution has enlisted cryptocurrency trade Bitpanda to assist construct the providing, in accordance with the report, citing individuals conversant in the matter.

Deutsche’s prior involvement in crypto custody has largely been by way of Swiss custodian Taurus, of which the German financial institution is each an investor and a shopper. It shouldn’t be clear how this relationship would develop ought to Deutsche start providing its personal service in-house.

The financial institution’s different latest crypto initiatives have been concentrated in the stablecoin sector, with its asset administration subsidiary DWS planning to situation a euro stablecoin as a part of a three way partnership with Flow Traders and Galaxy (GLXY).

Deutsche didn’t instantly reply to a request for remark, whereas Bitpanda declined to remark when contacted by CoinDesk.

Read extra: Deutsche Bank’s DWS, Galaxy, Flow Traders Venture to Introduce German-Regulated Stablecoin