Browsing: Custody

Gerald Podobnik, co-head of Deutsche Bank’s corporate bank, said in a statement on Wednesday that “digital assets are not a replacement for the traditional financial system but an important complement to it,” as Germany’s largest bank confirmed it will begin holding bitcoin and ether for institutional clients in Europe before the end of the year.…

Anchorage Digital Bank has extended its institutional custody offering to cover Etherlink, a Tezos-based layer-2 network, along with seven assets issued on it. The expansion was announced Sept. 16 and gives the bank’s institutional clients access to a range of assets through segregated accounts at a federally chartered institution.

Deutsche Bank crypto custody is moving into the market as the German lender plans to offer institutions and corporate clients a way to hold and transfer Bitcoin, Ether, and selected stablecoins later this year, pending regulatory approval, with Germany set to be the first market for the service.