Deutsche Bank plans to create a digital asset custody platform set to launch in 2026. This decision reflects the growing interest of major financial institutions in digital assets.
Announcement of the Platform
The digital asset custody platform was officially announced by Deutsche Bank in 2022. This move is part of the bank's strategy to engage with the digital asset sphere.
Collaboration with Tech Partners
To build the necessary infrastructure, Deutsche Bank will collaborate with Bitpanda and Taurus. Bitpanda Technology Solutions, the tech arm of Austrian crypto exchange Bitpanda, will support the initiative, while the ongoing partnership with the Swiss firm Taurus SA will also continue.
Trends and Political Environment
Unconfirmed sources indicate that the launch of the custody service is part of a broader push by major financial institutions to engage with digital assets as regulatory clarity improves in both Europe and the U.S. Recently, Deutsche Bank is also considering integrating stablecoins.
The launch of Deutsche Bank's digital asset custody platform reflects a growing interest in secure digital asset storage by traditional financial institutions.
