Deutsche Bank Says Regulated Crypto Custody Is Weeks From Launch

Overview

• Deutsche Bank told Reuters that its first institutional digital-asset custody service is weeks from launch and will start with custody and transfer functions for clients.
• The bank’s product materials list Bitcoin, Ether, USDC, EURC and EURAU as candidate tokens for the planned service.
• Deutsche Bank will manage client wallets and private keys and has described layered controls such as hardware key protection, warm/cold storage separation and multi-approver transfer workflows.
• The offering relies on third-party infrastructure partners, including a 2023 technology agreement with Taurus, and access will be limited to eligible institutional and corporate clients rather than retail users.
• Public availability remains conditional on EU and national regulatory clearance under MiCA and technical readiness, so the next clear signals will be a dated go-live notice naming a first production client, confirmed day-one assets and published client terms and fees.