Deutsche Bank Digital Asset Custody Launch
On 11 November 2026, Deutsche Bank AG, Germany’s largest lender, announced that its digital‑asset custody service has begun serving paying institutional and corporate clients across Europe. The service provides safekeeping and storage of digital assets, specifically Bitcoin and Ether, and is offered subject to regulatory approval.
The bank stated that, in the medium term, it aims to deliver a fully integrated, regulated ecosystem that supports the custody, tokenisation, and settlement of digital assets. Paul Maley, Global Head of Trust and Securities Services at Deutsche Bank, highlighted this strategic direction.
Deutsche Bank also disclosed that it has signed a memorandum of understanding with Deutsche Asset Management (formerly DWS) to explore comprehensive commercial and technical collaboration opportunities in the digital‑asset space.
Previously, Deutsche Bank revealed plans for the custody service in September and indicated an intention to expand the offering to Asian markets in the medium term.
Published 11‑11‑2026, 02:58 pm; article generated with AI support and edited by Reuters.