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Deutsche Bank plans to launch crypto custody in Germany first, with expansion into Asia in 2027

1 reports1 sourcesupdated 3 hours ago

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AI-assisted source synthesis · not an independent investigation.

On October 19, 2026, CoinDesk reported that Deutsche Bank plans to initially launch crypto asset custody services in Germany, with its target for expansion into the Asian market set for 2027. The service is initially expected to support Bitcoin (bitcoin), Ether (ether), as well as stablecoins such as USDC, EURC, and EURAU. The custody arrangement includes the bank managing customers’ wallets and private keys. Accordingly, the progress disclosed so far is that the German business is about to launch, while the expansion into Asia remains a plan for 2027. The report also showed that Deutsche Bank’s service scope covers both crypto assets and related stablecoins.

AI-written from reports · updated 2 hours ago

Timeline

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Oct 19
  1. CoinDesk
    Deutsche Bank targets 2027 expansion of crypto-asset custody in Asia, German business set to launch

    Deutsche Bank plans to launch crypto-asset custody services in Germany and is targeting expansion in Asia in 2027. The service will initially support bitcoin, ether, USDC, EURC and EURAU, with the bank managing customers’ wallets and private keys.

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