TREE NEWS update: Deutsche Bank has confirmed it will launch custody services for bitcoin and ether, holding clients’ wallets and private keys on their behalf. The service remains subject to regulatory approvals. Among the stablecoins on its launch list is one from a venture part-owned by DWS, Deutsche Bank’s majority-owned asset manager.
Deutsche Bank Confirms Bitcoin and Ether Custody Launch, Awaits Regulators
A major global bank moving from crypto research and tokenized deposits into holding private keys signals that institutional custody is becoming a competitive necessity rather than a niche offering. The stablecoin tie-in through a DWS-linked venture is the more telling detail, pointing to a bank structuring itself around tokenized settlement infrastructure rather than just safekeeping. The constraint is regulatory approval, so the open question is whether that timeline holds and whether custody becomes a gateway to broader on-chain services.
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