Deutsche Bank, Germany’s largest banking group, is set to launch a cryptocurrency custody service in the coming weeks. This service will allow corporate and institutional clients to hold their digital assets, including Bitcoin and Ether, without managing their own private keys. The bank aims for a compound annual growth rate of 8 % for its corporate banking division by 2028 through this initiative. An expansion to Asian markets is planned for next year, as the crypto economy develops faster there than elsewhere. This launch is part of a broader trend of traditional finance moving toward cryptocurrency-related services.
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