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Deutsche Bank launches crypto custody service for institutional clients in Europe

Market News
11 Nov 2026, 18:19 WIB
PYMNTS
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Bullish
Deutsche Bank launches crypto custody service for institutional clients in Europe

Deutsche Bank has launched its digital asset custody service for paying institutional and corporate clients in Europe, following regulatory approval. The service supports safekeeping of cryptocurrencies like bitcoin and ether, aiming to build a fully integrated ecosystem for custody, tokenization, and settlement of digital assets. This move reflects growing openness among European banks to digital markets and coincides with broader trends of banks partnering with crypto firms to facilitate blockchain-based payments without clients needing to hold digital assets directly. Deutsche Bank's entry signals increased mainstream adoption of crypto services in traditional finance.

Deutsche Bank's stock price is currently USD 37.36, showing a modest gain of 0.70% as of Nov 11, 2026, 23:31 WIB on Pluang. The bank's market capitalization stands at $68.90 billion, reflecting its significant presence in the financial sector. Investor interest appears strong with 100% buy orders on Pluang, indicating confidence in Deutsche Bank amid its expansion into crypto custody services.

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