Global banking institutions elaborate on crypto, and among them the German Deutsche Bank explains timelines for launching its new services.
According to a Tuesday Bloomberg reportThe established institution in Frankfurt is preparing to launch its cryptody service in 2026.
With reference to people who are familiar with the issue, the report that Deutsche Bank works with Bitpanda Technology Solutions, the technical arm of Crypto Exchange Bitpanda, stated to build the service.
The Crypto initiative of Deutsche Bank was first unveiled in 2022 and has been given a grip as more global banks investigate ways to offer regulated access to crypto and other digital assets. It is said that the bank is also investigating extra blockchain-related efforts, including Stablecoin Ventures and potential infrastructure for public blockchain uses that meet the legal requirements.
As part of the rollout of guardianship, Deutsche Bank will continue to work with Taurus SA, a Swiss digital activist company that supported it in a $ 65 million financing round last year.
The growing crypto -push of the bank comes as more German and international institutions want to expand their services in digital assets. In a separate report on 30 June, Bloomberg revealed that German bank sparkasses will also roll out cryptocurrency trade for retail customers in the summer of 2026.
The initiative marks a U-turn from his decision from 2023 to block such services, when the internal committee of Sparkassen turned Crypto as too volatile, risky and unsuitable for his portfolio. With the new offer, customers can buy and sell digital assets such as Bitcoin Bitcoin via Dekabank, the Effecten arm of Sparkassen, using their existing bank apps.
In addition to Germany, other major financial institutions throughout Europe also investigate digital assets. Earlier this year, Standard Chartered, one of the world’s largest banking institutions, insured the mica-regulatory permit to offer the preservation of institutional quality for Bitcoin and Ethereum (ETH).
