On October 16, 2026, Deutsche Bank told Reuters it is just weeks away from launching a custody service for Bitcoin and Ether, a development that could fundamentally reorder the world of crypto banking for businesses. The Deutsche Bank Bitcoin custody service, targeted at institutional clients, will roll out first in Germany and expand to Asia in 2027, according to reports by TechBullion (October 18, 2026) and 24/7 Wall St (October 17, 2026). Gerald Podobnik, a senior executive at the bank, confirmed the timeline to Reuters, marking the first time a major German bank will directly hold crypto for clients.
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