Deutsche Bank Opens Bitcoin Custody to European Institutions

Deutsche Bank has activated a digital-asset custody service for institutional and corporate clients in Europe, giving them access to Bitcoin (BTC), Ether (ETH) and three stablecoins through Germany’s largest lender.

The service, launched Wednesday, supports Bitcoin (BTC), Ether (ETH), USDC, EURC and EURAU. Deutsche Bank manages clients’ wallets and private keys, and clients can store assets or transfer them to third parties.

The offering is available in Germany, with cross-border service across Europe. Clients access it through Deutsche Bank’s Autobahn gateway or its Corporate Bank portal. The bank has not named customers, disclosed how many have signed up or published fees.

The launch adds a major traditional European bank to the digital-asset custody business. Deutsche Bank announced the plan in September and said the service would begin with clients this year, subject to regulatory approval.