Deutsche Bank Aktiengesellschaft (NYSE:DB) is among the 13 Best German Stocks to Invest in Now. The company is aiming to launch its digital assets custody service next year, reported Bloomberg this week.
A young professional walking confidently through an urban financial district, representing the stability of a regional bank.
The bank will use crypto exchange Bitpanda’s technology unit to build the offering, said sources familiar with the matter. Deutsche Bank Aktiengesellschaft (NYSE:DB)’s corporate bank will also continue to work with Taurus SA on the service, according to the report.
Deutsche Bank Aktiengesellschaft (NYSE:DB)’s custody project plan comes at a time when financial institutions across the world have increased focus on digital assets, following encouraging new regulations in Europe and a favorable political environment in the United States under Trump’s presidency.
Last month, Deutsche Bank Aktiengesellschaft (NYSE:DB) stated it was exploring stablecoins and different forms of tokenized deposits. According to Bloomberg, this could include issuing its token or joining an industry-wide initiative.
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Disclosure: None.
