July 03, 2025
By Our Correspondent
According to Bloomberg on Tuesday, which cited people familiar with the idea, the German banking behemoth Deutsche Bank plans to launch its cryptocurrency custody service in 2026 as part of its broad effort to update its financial infrastructure and capitalize on the expanding digital asset market.
As institutional demand for crypto services among traditional financial institutions continues to grow, the bank intends to provide digital asset custody solutions.
Deutsche Bank is one of many big banks venturing into crypto custody, which is the safe storage of digital assets on behalf of customers. Institutional investors and corporate clients looking for regulated custody options for their cryptocurrency holdings are anticipated to be the service’s target market.
The 2026 schedule indicates that Deutsche Bank is entering the digital asset market gradually, giving itself time to build the required frameworks for regulatory compliance and infrastructure.
The German bank has declared that, in order to improve transaction efficiency and adhere to financial rules, it is creating an Ethereum layer 2 (L2) network using ZKsync technology.
The L2 solution, which is a component of Project Dama 2 and connected to Singapore’s Project Guardian, tackles issues that regulated lenders encounter on public blockchains, including managing hard forks and payment risks to sanctioned companies. This project’s complete debut is contingent upon regulatory permission; a test version was unveiled in November.
