Deutsche Bank to launch first digital asset service within weeks

BlockBeats news, October 16, according to Reuters, Gerald Podobnik, co-head of Deutsche Bank's corporate banking division, said the bank will launch its first digital asset service within weeks, starting with crypto custody in Germany and expanding the custody platform to Asian financial hubs next year. The service will be rolled out in phases: the first phase will custody mainstream cryptocurrencies such as Bitcoin and Ethereum, followed by acceptance services for mainstream stablecoins. It also plans to offer tokenized deposits and help clients issue digital bonds and other blockchain-based securities.