Deutsche Bank ready to launch cryptocurrency custody in 2026: Report
By Hannah Pérez
The largest Bank in Germany prepares to offer cryptocurrency custody to its customers from next year. Deutsche Bank works with Bitpanda and Taurus to launch their product.
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- The largest Bank in Germany will offer cryptocurrency custody in 2026.
- Deutsche Bank works with Bitpanda and Taurus to launch their product.
- A clear sign of the inclination of financial giants towards digital assets.
Deutsche Bank, One of the largest financial institutions in Europe, would be preparing to launch a cryptocurrency custody service next year, he reported Bloomberg This Tuesday.
The report, which cites people familiar with the matter, advances that the giant German lender would be working in alliance with Bitpandaone of the largest and largest and regulated cryptocurrency corridors in Europe, to build the custody service.
In particular, a Deutsche Bank He has recruited the Development Exchange Technology Unit, the newspaper details.
Founded in 1870, Deutsche Bank Figure as the largest bank in Germany, with total assets that exceeded 630 billion euros for the first quarter of 2025. Despite its antiquity, the lender is not new in the cryptocurrency sphere and has been actively exploring new financial technologies, with advances in areas such as tokenization, Stablecoins and Blockchain.
At the end of 2024, the bank developed its own network Blockchain of layer 2 of Ethereumand it has also been reported that you are exploring to issue a Stablecoin own while visualizing develop a tokenized deposit solution for paying.
But the plans to guard cryptocurrencies on behalf of its customers come from before. Deutsche Bank It was associated in 2023 with the firm Taurus with the intention of expanding an offer towards the custody of digital assets and tokenization.
Taurusbased in Switzerland, it provides infrastructure of digital assets of business level to more than 25 institutions to issue, guard and negotiate digital assets, such as cryptocurrencies, tokenized assets, NFT and digital currencies. The firm has the support of Deutsche Bankwhich last year participated in a financing round of USD $ 65 million.
According to the report of Bloomberg This Tuesday, Taurus will continue supporting Deutsche Bank In the implementation of its cryptocurrency custody offerwhose precise launch schedule is not yet clear.
The Bank previously requested in 2023 a regulatory permit in Germany to operate a digital asset custody service as part of the long breath plans. However, then it did not provide a launch date for the product.
New regulations push banks towards cryptocurrencies
The news occurs at a time when large financial institutions focus more and more on digital assets, driven by clearer rules in the European Union under the Mica regulatory framework and a more favorable American position under the administration of Donald Trump.
Last month, the US Senate approved the genius law, which proposes a regulatory framework for Stablecoins. With the approval of the House of Pending Representatives, President Trump has reiterated his desire to sign that legislation before August.
Other European banks such as Société Générale, Dekabank, Santander and BBVAthey have also been moving towards cryptocurrencies. Yesterday, the largest banking group in Germany, Sparkassen-Finanzgrupp, He announced that he plans to offer cryptocurrency trade services to his retail customers by mid -2026.
Hannah Estefanía Pérez / Diariobitcoin
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