German Bank (Db) is planning to dedicate a crypto -keeping service next year’s crypto, Bloomberg reported on Tuesday.
Germany’s largest bank has enrolled a cryptocurrency exchange Bitpand to help develop the offer, according to the report, citing people familiar with the matter.
Deutsche’s earlier participation in Crypto keeping Investors and a Client. It is unclear how this relationship develops that Deutsche should start to offer its own service indoors.
Other bank crypto initiatives were concentrated in the Stablecoin sector, along with its asset management subsidiary DWS is planning to issue an euro stablecoin As part of a joint adventure with flower and galaxy entrepreneurs (Glxy).
Deutsche did not respond immediately to a request for comment, as Bitpanda refused to comment when contacting CoinDesk.
Read more: Deutsche Bank’s DWS, Galaxy, Flow Traders Venture to introduce German-Regulated Stablecoin
