The German lender stated that its digital asset custody service, pending regulatory clearance, will initially support bitcoin (BTC), ether (ETH), and select stablecoins including USDC, EURC, and EURAU. The bank will manage clients’ wallets and private keys, allowing them to hold digital assets and transfer them to third parties without building their own custody infrastructure. Initial clients will include corporates, asset managers, hedge funds, custodians, brokers, and sovereign institutions. Deutsche Bank has been developing this offering for years, with reports in 2023 and 2025 detailing partnerships and a planned 2026 launch.