Within weeks, Deutsche Bank will launch its first digital asset service, starting with crypto custody in Germany

Odaily reports that Gerald Podobnik stated Deutsche Bank will launch its first digital asset service within weeks. In the first phase, it will launch crypto custody in Germany, supporting major cryptocurrencies such as Bitcoin and Ethereum, and will later add mainstream stablecoin redemption services. The bank plans to expand its custody platform to Asian financial hubs next year and provide tokenized deposit services to help clients issue blockchain-based securities such as digital bonds.