
On the 11th, Deutsche Bank, Germany's largest bank, announced the launch of cryptocurrency custody services for European corporate and institutional investors. On the same day, the bank also signed a memorandum of understanding with Deutsche Asset Management (formerly DWS), a majority-owned asset management company, to explore the development of tokenized products.
The service involves the bank managing wallets and private keys on behalf of clients, supporting Bitcoin (BTC), Ethereum (ETH), USDC, EURC, ...