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Deutsche Bank to launch institutional crypto custody in Germany with Asia expansion planned
Deutsche Bank is preparing to launch a digital asset custody service in Germany that will initially support Bitcoin, Ethereum, USDC and EURC. The bank aims to roll out the service within weeks and targets an 8% annual revenue growth from the offering. Expansion to Asian financial centers is planned by 2027. The new service will be the lender’s first institutional digital asset product, with further capabilities to be added later. Multiple reports cite the upcoming launch and growth targets.