Deutsche Bank is preparing to launch a cryptocurrency custody service in 2026, according to a Bloomberg report on Tuesday which cited anonymous sources.
The German banking giant is reportedly collaborating with Bitpanda, a major European cryptocurrency broker, and Taurus, a Swiss digital asset infrastructure provider, to develop the offering.
Bitpanda, which has a strong presence in Germany, will provide technological support through its specialized unit, while Taurus, which is already a partner of Deutsche Bank, will assist with the launch.
This initiative reflects growing institutional interest in digital assets, driven by the EU's MiCA regulations and a more favorable regulatory environment for cryptocurrencies in the United States.