Deutsche Bank Nears Launch of Institutional Bitcoin, Ether Custody

Deutsche Bank is preparing to launch institutional custody services for Bitcoin and Ether in Germany within weeks. This strategic move aims to support a compound annual growth rate of 8% in corporate banking services by 2028. According to co-head Gerald Podobnik, these crypto custody offerings will complement the bank's traditional services. The German lender is moving rapidly to integrate these digital asset capabilities into its existing institutional framework to expand its overall corporate banking portfolio.