DEUTSCHE BANK TO HOLD CRYPTO FOR INSTITUTIONAL CLIENTS

Summary from the TLDR Crypto newsletter

Deutsche Bank has partnered with Swiss crypto company Taurus to offer cryptocurrency and tokenized asset custody services for its institutional clients. Even though the firm hasn’t publicly announced any immediate plans to roll out crypto trading, the move marks Deutsche Bank's entry into crypto custody. The initiative comes with careful considerations around regulation and risk management, ensuring it does not impact the bank's other activities.