Deutsche Bank launches digital asset custody for Bitcoin, Ethereum and stablecoins

Deutsche Bank officially launched its digital asset custody service for institutional and corporate clients across Europe on November 11, 2026. Secured under the EU's MiCA regulatory framework, the platform supports Bitcoin, Ethereum, USDC, EURC, and EURAU. Alongside the rollout, Germany's largest lender signed a memorandum of understanding with Deutsche Asset Management to collaborate on tokenized funds, stablecoins, and digital bonds, with plans to expand operations into Asia in 2027.

Deutsche Bank custody launch

• ▪Deutsche Bank manages digital wallets, warm and cold storage, and hardware-based protection for private keys on behalf of its custody clients
• ▪Deutsche Bank launched its digital asset custody service for paying corporate and institutional clients
• ▪Deutsche Bank corporate and investment banking clients access the digital asset custody platform through the bank's Autobahn corporate banking system

MiCA regulatory licensing

• ▪Deutsche Bank obtained regulatory permission from German regulator BaFin under the European Union MiCA
• ▪Deutsche Bank applied to German financial regulator BaFin for a crypto custody license in June 2023

Supported digital assets

• ▪The EURAU stablecoin supported by Deutsche Bank is issued by AllUnity, a joint venture involving Deutsche Bank majority-owned asset manager DWS
• ▪Deutsche Bank's digital asset custody service initially supports five assets: Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), EURC, and EURAU

Deutsche Asset Management MOU

• ▪Deutsche Asset Management had €1.22 trillion ($1.36 trillion) in assets under management as of September 30, 2026
• ▪Deutsche Bank signed a memorandum of understanding with Deutsche Asset Management to explore technical and commercial cooperation in digital assets

Tokenized product roadmap

• ▪Deutsche Asset Management plans to launch a tokenized money market fund and explore crypto-asset exchange-traded commodities with Deutsche Bank
• ▪Deutsche Bank aims to expand beyond custody into tokenization, settlement, traditional currency to stablecoin conversion, tokenized deposits, and digital bond issuance