Deutsche Bank is weeks from crypto custody. What will clients get on day one?

Deutsche Bank says its first institutional digital asset service is weeks away. Its own product material already lists Bitcoin, Ether and three stablecoins, but its executive described a rollout beginning with major cryptocurrencies before adding ways to move into and out of stablecoins. The difference between a supported asset, a custody account ready for a particular customer, and a live conversion service is the central question for launch day. Summary Deutsche Bank said on October 16 that its first digital asset custody service is weeks from launch. Its September release named Bitcoin, Ether and 3 stablecoins among selected assets planned for custody. As of October 16, the bank’s product page still ties service availability to regulatory completion and technical readiness. European MiCA Article 75 requires a client custody agreement, position records and a documented safekeeping policy. Asian financial center expansion is planned for 2027, after an initial German launch. Deutsche Bank has moved its digital asset custody launch into a matter of weeks as it prepares to hold selected crypto assets for institutional and corporate clients in Germany. In an October 16 Reuters intervi...