Largest Federal Bank of Germany to Offer Crypto Custody Solutions
Haliys Smit
Germany’s largest federal bank will start offering cryptocurrency custody solutions in the second half of 2024.
The bank will start offering crypto custody services to institutional clients in partnership with Austria-based Bitpanda cryptocurrency exchange.
Germany’s largest federal bank, Landesbank Baden-Württemberg will tap Bitpanda’s institutional custody solution for its offering.
Deutsche Bank has also been working on digital asset custody services since September 2023.
Bitpanda Custody is a crypto custody platform with decentralized finance capabilities, registered with the United Kingdom’s Financial Conduct Authority (FCA).