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Deutsche Bank Brings Crypto Custody Service Online

Deutsche Bank Brings Crypto Custody Service Online

Deutsche Bank on Wednesday (Nov. 11) made its digital asset custody service available to paying clients.

That’s per a report from Reuters, which noted this is happening as banks in Europe demonstrate more openness to digital markets.

The bank in September announced it planned a custody service for institutional and corporate clients in Europe, pending approval from regulators. Deutsche bank said at the time that this business would support the safekeeping and storage of digital assets such as bitcoin and ether, the Reuters report added.

“In the medium term, we aim to deliver a fully integrated, regulated ecosystem that supports the custody, tokenization, and settlement of digital assets,” said Paul Maley, global head of trust…

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