TREE NEWS reports: Deutsche Bank is preparing to launch crypto custody services in Germany and plans to extend digital asset custody to Asian financial centers, citing growth in the digital asset economy. The German lender, the country’s largest bank, has not disclosed a launch date or the specific Asian markets targeted.
Deutsche Bank Preps German Crypto Custody Launch, Eyes Asia Expansion
A top-tier European bank moving into regulated custody matters less for the crypto it holds than for the precedent it sets: custody is the low-risk entry point that lets a large lender build digital-asset infrastructure without balance-sheet exposure. The German launch is the concrete step; the Asia ambition is the more telling one, since it signals an expectation that institutional demand will be regional rather than concentrated in Europe. The open questions are timing and whether the targeted Asian jurisdictions offer the licensing clarity such a bank would require.
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