Deutsche Bank launches digital asset custody services: supporting BTC, ETH, and USDC, among others

According to market news, Deutsche Bank's custody services for German institutional and corporate clients are now online, supporting BTC, ETH, and some stablecoins like USDC under BaFin/MiCA authorization.

The bank employs a multi-layer control mechanism to manage keys and plans to expand to Asia and launch tokenization services by 2027. This service aligns with its goal of achieving an 8% compound annual growth rate in corporate banking by 2028, but the initial scope is limited, not aimed at retail users, does not provide deposit guarantees, and trading functionality has not yet been confirmed.