Germany’s leading financial institution, Deutsche Bank, plans to introduce digital asset custody services in 2026. According to a Bloomberg report, the bank will use infrastructure from Austria-based Bitpanda’s technology unit and continue its partnership with Swiss-based Taurus SA.
The new custody platform will allow safe storage of cryptocurrencies like Bitcoin and Ethereum targeting institutional and corporate clients. Bitpanda Technology Solutions will offer core infrastructure that meets regulatory and cybersecurity standards. Moreover, Favorable conditions in Europe and the U.S., along with growing institutional demand, are accelerating this development.
Central global banks are increasingly moving into regulated digital asset services. Deutsche Bank’s initiative follows similar moves from institutions like Sparkassen-Finanzgruppe, which recently announced crypto trading services for its 50 million customers.
New regulations across the U.S. and EU have encouraged banks to consider broader digital asset strategies. In June, the Bank’s head of digital assets, Sabih Behzad, said the institution was exploring its role in the stablecoin ecosystem. Options include issuing its own stablecoin or joining industry consortiums to support tokenized payment systems.
The bank is also studying tokenized deposit solutions as part of a longer-term strategy to improve settlement and payment efficiency. These innovations may strengthen its position among institutions offering regulated digital asset services.
Furthermore, recent reports indicate that Deutsche Bank considered developing its Ethereum-based layer-2 blockchain using ZKsync technology.
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Deutsche Bank has expanded its investments and partnerships with crypto infrastructure providers. The bank revealed its digital asset custody plans in 2020 and has kept advancing through collaborations and licensing. In 2023, it also participated in a $65 million funding round for Taurus to support its digital assets roadmap. Additionally, since mid-2024, the bank has partnered with Bitpanda to improve cryptocurrency payments.
These collaborations are intended to provide safe, regulated and scalable custody offerings. In addition, the Bank is partnering with established technology providers to build a foundation for fully compliant crypto access tailored to corporate and institutional needs. At press time, Bitcoin is trading at around $105,595, having increased by 2.59% in the past month.
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