Deutsche Bank to launch crypto custody in Germany, expand to Asia by 2027

Deutsche Bank plans to launch its crypto custody service in Germany within weeks, initially supporting bitcoin, ether and stablecoins USDC, EURC and EURAU. The bank will manage clients' wallets and private keys, with plans to add stablecoin conversion, tokenized deposits and digital bond issuance. The service is set to expand to Asia in 2027, extending the bank's digital assets push into institutional markets beyond Europe.