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Deutsche Bank officially launches Bitcoin, Ethereum and stablecoin custody services in Europe
Deutsche Bank has officially launched its Digital Asset Custody service for institutional clients across Europe, marking a significant step for one of the world's largest banks into the crypto custody space.
At launch, the platform supports Bitcoin (BTC), Ethereum (ETH), USDC, EURC, and EURAU — the euro stablecoin issued by AllUnity. Deutsche Bank will manage digital wallets and private keys on behalf of clients, while also enabling the transfer of custodied assets to third parties. The infrastructure combines hot and cold wallets, with private keys secured through hardware security systems and multi-party procedures to authorize transactions.
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