Update
Deutsche Bank Prepares to Launch Crypto Custody Service in Germany
Deutsche Bank, one of the world's largest banks, is preparing to launch a cryptocurrency custody service in Germany. The service, which will complement the bank's traditional offerings, is part of a strategy to achieve an 8% compound annual growth rate in its corporate banking services by 2028. Co-head Gerald Podobnik emphasized the importance of the digital economy and the growth of stablecoins, and hinted at future tokenization services including tokenized deposits and blockchain-based securities.