Germany’s largest financial institution, Deutsche Bank, is taking a significant step into the digital asset world. According to a recent report by Bloomberg, the bank is gearing up to launch a full-fledged crypto custody service in 2026, in partnership with Austrian fintech Bitpanda and Swiss blockchain infrastructure provider Taurus SA.
This strategic move comes amid growing momentum in Europe’s regulated crypto landscape and reflects Deutsche Bank’s deeper commitment to the digital finance revolution.
What’s Coming in 2026: Crypto Custody for Institutions
The upcoming custody solution will allow institutional clients to securely store cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and potentially tokenized deposits and stablecoins. Bitpanda’s tech stack will be central to the platform, while Taurus SA—already involved in the bank’s crypto planning since 2022—will remain a core technology partner.
While details remain limited, insiders suggest the service will cater to corporate clients, asset managers, and possibly fintech partners seeking secure blockchain infrastructure.
🇩🇪 Germany’s Banking Giants Are Going Crypto
Deutsche Bank isn’t the only major German player turning to crypto:
Sparkassen-Finanzgruppe, Germany’s largest retail banking group, is planning to offer crypto trading for 50 million users via its mobile app by mid-2026.
DZ Bank, the country’s second-largest lender, has been piloting crypto services with Boerse Stuttgart Digital and aims to roll them out across 700+ cooperative banks.
Landesbank Baden-Württemberg (LBBW) also partnered with Bitpanda in 2024 to provide crypto custody for institutional clients.
Deutsche Bank Explores Tokenization and Stablecoins
Earlier this year, Deutsche Bank confirmed it is exploring the creation of tokenized deposit systems and stablecoin-based payment solutions. This could involve either launching its own digital token or participating in collaborative initiatives that standardize tokenized payments across Europe.
Notably, the bank was among the top backers of a $65 million investment round into Taurus in 2023, signaling its long-term vision for blockchain-based finance.
Global Context: Why Crypto Is Becoming a Bank Priority
Deutsche Bank’s move comes at a time when financial institutions worldwide are ramping up digital asset initiatives:
In the U.S., Donald Trump’s reelection has brought renewed optimism to the crypto industry, with regulatory reform and executive orders under discussion.
Meanwhile, European regulations like MiCA (Markets in Crypto-Assets) are offering clarity that’s encouraging banks to embrace blockchain more confidently.
Eric Trump even recently warned that traditional banks that ignore crypto “may not survive the next decade.”
Key Highlights:
Deutsche Bank to launch a crypto custody platform in 2026.
Partnering with Bitpanda and Taurus SA for tech and security infrastructure.
Exploring stablecoins, tokenized deposits, and blockchain-based payment solutions.
Joins other German banks like Sparkassen, DZ Bank, and LBBW in entering the crypto space.
Reflects broader global shift as institutions align with the future of finance.