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Germany's largest bank plans to launch cryptocurrency custody services within weeks, with initial support for BTC and ETH. Gerald Podobnik, co-head of Deutsche Bank's corporate bank, said the lender also plans to add fiat-to-stablecoin conversion services.
Why it matters
The initiative gives institutional clients access to regulated crypto custody through a major European bank. Deutsche Bank also plans to offer tokenized deposits and help clients issue blockchain-based securities, including digital bonds.
The bank is targeting Asian financial hubs for expansion in 2027, tying the custody launch to a broader corporate banking growth strategy.
Market impact
The planned rollout broadens the institutional digital-asset offering beyond custody, connecting BTC and ETH exposure with stablecoin services and tokenized financial instruments. Its execution and the timing of the Asia expansion will be key milestones for adoption.
Source: [Deutsche Bank prepares crypto custody launch, targets Asia growth](https://view.tree.news/stories/Imo6SvZcTHyxJ42XXS54KQ)
Frequently asked questions
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Which cryptocurrencies will Deutsche Bank support at launch?
The planned custody service will initially support major cryptocurrencies including BTC and ETH.
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What stablecoin service does Deutsche Bank plan to add?
Deutsche Bank plans to add fiat-to-stablecoin conversion services to its digital-asset offering.
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What tokenized products will Deutsche Bank offer?
The bank plans to offer tokenized deposits and help clients issue blockchain-based securities, including digital bonds.
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When does Deutsche Bank plan to expand its crypto services in Asia?
Deutsche Bank is targeting expansion into Asian financial hubs in 2027.
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Why is the custody launch significant for institutional crypto adoption?
It connects BTC and ETH custody with stablecoin conversion, tokenized deposits and securities issuance through a major European bank.
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