Deutsche Bank Jumps Into Crypto Custody Race with 2026 Platform Launch
TLDR
Deutsche Bank plans to launch a crypto custody platform in 2026, partnering with Austria-based Bitpanda and Swiss firm Taurus
The platform will store and safeguard cryptocurrencies and tokenized assets for institutional and corporate clients
The move follows regulatory clarity in the EU and US, plus growing institutional demand for digital asset services
Deutsche Bank is also exploring stablecoin development and tokenized deposit solutions as part of its broader digital strategy
The bank participated in Taurus’s $65 million funding round in 2023 and has been developing its digital asset roadmap since 2020
Deutsche Bank is set to enter the cryptocurrency custody market in 2026 through a new digital platform developed with key technology partners. Germany’s largest bank will collaborate with Austria-based Bitpanda’s technology division and Swiss fintech firm Taurus to create the custody service.
Deutsche Bank plans to launch its digital assets custody service next year and has enlisted crypto exchange Bitpanda’s technology unit to help build the offering https://t.co/QN7n2XVKkb
— Bloomberg (@business) July 1, 2025
The planned platform will focus on storing and protecting cryptocurrencies like Bitcoin and Ethereum for institutional and corporate clients. Bitpanda Technology Solutions will provide the core infrastructure that meets regulatory and cybersecurity requirements for the new service.
This move represents part of Deutsche Bank’s broader digital asset strategy that began in 2022. The bank has been steadily building its cryptocurrency capabilities through partnerships and investments over recent years.
The timing comes as regulatory frameworks have become clearer in both the European Union and United States. These developments have encouraged more traditional financial institutions to explore digital asset services for their clients.
Deutsche Bank joins other major European banks moving into regulated crypto services. Sparkassen-Finanzgruppe recently announced crypto trading services for its 50 million customers, showing the growing institutional interest in digital assets.
Stablecoin and Tokenization Plans
Beyond custody services, Deutsche Bank is exploring additional cryptocurrency initiatives. In June 2025, the bank’s head of digital assets, Sabih Behzad, discussed the institution’s potential role in the stablecoin market.
The bank is considering two main approaches for stablecoin involvement. One option involves issuing its own digital token, while another focuses on joining industry consortiums to support tokenized payment systems.
Deutsche Bank is also studying tokenized deposit solutions as part of its long-term strategy. These innovations could improve settlement and payment efficiency for the bank’s operations.
Reports suggest the bank has considered developing its own Ethereum-based layer-2 blockchain using ZKsync technology. This would further expand its blockchain infrastructure capabilities.
Partnership Strategy and Investment
Deutsche Bank has been building relationships with crypto infrastructure providers for several years. The bank first revealed its digital asset custody plans in 2020 and has continued advancing through strategic collaborations.
In 2023, Deutsche Bank participated in a $65 million funding round for Taurus to support its digital assets development. This investment demonstrates the bank’s commitment to building robust cryptocurrency infrastructure.
The partnership with Bitpanda began in mid-2024, initially focusing on improving cryptocurrency payment capabilities. This collaboration has now expanded to include the custody platform development scheduled for 2026.
These partnerships aim to provide safe, regulated, and scalable custody services for institutional clients. The bank is working with established technology providers to ensure full regulatory compliance for corporate and institutional access.
The custody platform launch is planned for 2026, with development work continuing through the partnership with Bitpanda and Taurus.
The post Deutsche Bank Jumps Into Crypto Custody Race with 2026 Platform Launch appeared first on CoinCentral.
Filed under: News - @ July 2, 2025 9:29 am