Deutsche Bank is to launch a digital assets custody service in 2026, working with Bitpanda’s crypto exchange and Swiss provider Taurus.
The story, reported originally by Bloomberg, follows the German financial giant’s announcement earlier in the year that it was exploring new opportunities in digital custody.
In April, Capital Pioneer reported that the bank had established a UK-based digital assets team that was exploring new partnerships in the areas of digital custody and emerging market infrastructure technology.
Speaking at the time, Kriti Jain, a managing director at the bank, said: “It is important to realise that you need these partnerships to be able to scale.”
According to today’s report, Deutsche Bank’s corporate banking division is spearheading the latest initiative while the bank has also signalled its intention to explore additional opportunities in stablecoins and tokenised deposits.
A separate report from Coin Telegraph suggests that the bank is now experimenting with its own Layer 2 blockchain on Ethereum using ZKsync technology. A move, it says, could support future tokenised services.
Despite today’s flurry of media speculation, Deutsche Bank has not issued an official media statement. Capital Pioneer has contacted Deutsche Bank for further comment or clarification.
