Deutsche Bank Nears Launch of Institutional Bitcoin, Ether Custody

The banking giant stressed that this move is part of a strategy to achieve an 8% compound annual growth rate in its corporate banking services by 2028. Deutsche Bank co-head Gerald Podobnik said these services will complement the bank’s traditional offerings. Deutsche Bank, one of the world’s largest banks, is preparing to launch a cryptocurrency custody suite in Germany. The organization, which holds over $2.2 trillion in assets and operates in 58 countries, revealed that it is weeks away from launching a crypto custody service in Germany, enabling customers to safeguard their digital assets with a regulated lender.

Source: Bitcoin.com News