CoinTelegraph
Deutsche Bank has launched digital asset custody for clients, bringing the service into the bank's institutional offering.
Why it matters
Custody is a core piece of financial infrastructure: it gives clients a way to hold assets with a third party. Deutsche Bank's launch adds a major banking name to the digital asset custody market.
Market impact
The launch gives institutional clients another route to digital asset custody through an established bank. The announcement does not establish any immediate effect on asset prices or investment flows.
Frequently asked questions
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Who is Deutsche Bank's digital asset custody service for?
Deutsche Bank has launched the service for clients.
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What role does custody play in financial markets?
Custody gives clients a way to hold assets with a third party and is a core part of financial infrastructure.
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Why is Deutsche Bank's launch significant for digital asset custody?
It adds a major banking name to the digital asset custody market and gives clients another custody option.
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What does the launch offer institutional clients?
It gives institutional clients another route to digital asset custody through an established bank.
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Has the announcement established an effect on prices or flows?
The announcement does not establish any immediate effect on digital asset prices or investment flows.
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