Germany’s Deutsche Bank is preparing to launch its crypto custody service in 2026, according to a Bloomberg report. The Frankfurt-based institution is collaborating with Bitpanda Technology Solutions to develop the platform, marking a significant move into digital assets for one of Europe’s largest banks.
Why This Matters
- Regulated Access: The service will provide institutional clients with secure, compliant crypto storage.
- Blockchain Expansion: Deutsche Bank is also exploring stablecoins and public blockchain infrastructure.
- Strategic Partnerships: The bank continues working with Taurus SA, a Swiss digital asset firm it invested $65 million in last year.
Germany’s Growing Crypto Adoption
Deutsche Bank isn’t alone—Germany’s Sparkassen banking group also plans to offer retail crypto trading by summer 2026, reversing its earlier skepticism. Customers will buy and sell Bitcoin through DekaBank, Sparkassen’s securities arm.
Beyond Germany, Standard Chartered recently secured a MiCA license to custody Bitcoin and Ethereum, signaling broader European institutional interest.
What’s Next?
As traditional banks deepen their crypto involvement, 2026 could be a pivotal year for regulated digital asset services in Europe.
