TREE NEWS update: Deutsche Bank will begin offering crypto custody and transfer services to institutional and corporate clients later this year after receiving regulatory approval, covering bitcoin, ether and selected stablecoins. The bank said it plans to broaden the range of supported assets over time, potentially adding tokenized financial instruments.
Deutsche Bank to Launch Crypto Custody for Institutional Clients
Deutsche Bank's entry matters less for the assets named than for the signal: a globally systemic bank is now willing to hold crypto for institutions under a regulatory licence, which could ease the compliance and counterparty hurdles that have kept many corporate treasuries on the sidelines. The absence of tokenized instruments at launch is the notable gap, since that is where banks see the real long-term franchise. Whether the supported asset list widens beyond the initial tokens is the open question.
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