Deutsche Bank plans institutional crypto custody for bitcoin, ether and stablecoins pending regulatory approval

Deutsche Bank AG plans to launch an institutional-grade cryptocurrency custody service, allowing institutional and corporate clients to securely hold and transfer bitcoin, ether, and selected stablecoins, with the rollout expected later this year pending regulatory approvals ^[1].

CoinDesk reported that the custody service will initially support a select range of cryptocurrencies, including bitcoin and ether and stablecoins such as USDC and EURC ^[2].

Cointelegraph similarly reported that Deutsche Bank is awaiting regulatory approval to launch institutional custody solutions for bitcoin, ether, and select stablecoins before expanding into tokenized assets ^[3].

crypto.news stated that the planned service would initially cover Bitcoin, Ether, USDC, EURC, and EURAU after regulatory steps ^[4].