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Deutsche Bank plans to launch crypto custody services within weeks, targeting the Asian market by 2027.
Deutsche Bank's co-head of corporate banking, Gerald Podobnik, stated that the service will initially support major cryptocurrencies such as BTC and ETH, Reuters reported. As part of its broader growth strategy for corporate banking, the German bank also plans to add fiat-to-stablecoin conversion services, offer tokenized deposits, and assist clients in issuing blockchain securities, including digital bonds.
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