Deutsche Bank launches its custody service for digital assets, including Bitcoin and Ethereum
Deutsche Bank is once again strengthening the integration of the cryptocurrency sector into its services. The largest German bank announced on November 11, 2026 the operational launch of its digital asset custody…
Home » Crypto News » Economy and Finance News » Deutsche Bank launches its custody service for digital assets, including Bitcoin and Ethereum
https://cryptoast.fr/deutsche-bank-service-garde-actif-numeriques-bitcoin-ethereum-stablecoins/
As reported in particular by Reuters, Deutsche Bank announced this Wednesday, November 11 that its digital asset custody service has now become operational for its paying customers.
The service initially covers the custody and secure storage of digital assets, including Bitcoin (BTC) and Ethereum (ETH), the two most valuable cryptocurrencies on the market. Deutsche Bank also supports a selection of stablecoins, including USDC and EURC (Circle's stablecoins, based on the US dollar and Euro respectively) as well as EURAU (Euro stablecoin launched in July 2025 by AllUnity). A choice which reflects the growing importance of stablecoins within traditional finance.
The German bank initially announced its intention on September 16, specifying that it remained subject to the necessary regulatory approvals for this new custody service. And indeed, in the meantime, Deutsche Bank extended its authorization to all 30 countries of the European Economic Area (EEA), during the month of October according to the independent observatory MICA Watch.
Deutsche Bank clearly does not intend to stop only at the custody of digital assets. Paul Maley, global head of trust and securities services at the bank, detailed the vision for his banking group.
“In the medium term, we want to offer a fully integrated and regulated ecosystem, which supports the custody, tokenization and settlement of digital asset transactions,” he said. A roadmap which aims to make Deutsche Bank a key player across the entire crypto value chain, and not a simple custodian.
The bank also signed a memorandum of understanding (MoU) with Deutsche Asset Management, its asset manager formerly known as DWS. The stated objective is to explore opportunities for commercial and technical collaboration in the world of digital assets. Deutsche Bank holds the majority of the capital of this subsidiary, which facilitates this strategic merger.
Behind Deutsche Bank's new custody service are two specialist infrastructure providers. According to Bloomberg, the bank has entrusted the development of its platform to Bitpanda Technology Solutions, the technological division of the Austrian exchange Bitpanda, while extending its collaboration with the Swiss service provider Taurus.
Machine-translated from French
Why it is marked verified
2 independent newsrooms report this story. Cryptoast published it first, 1 h before the last one.
- Cryptoast11 Nov, 11:47
- Journal du Coin11 Nov, 13:00
| Publisher Cryptoast (general tier) | +72 |
| Detailed summary | +2 |
| Carried by 2 newsrooms | +5 |
| Total | 79 |
Method: reports are grouped by the words of their headline and summary; each newsroom counts once; figures are read from the reports as published. Nothing here is written by an AI.