Santander’s openbank launches crypto trading in Germany, Eye Spain

Group Santander’s Digital Bank OpenBank is expanding in Europe with a new offer for German clients amid increased demand for crypto assets.
The bank Says Tuesday that customers in Germany can now buy, sell and hold Bitcoin (Btc), Ether (Eth), Litecoin (LTC), Polygon (POL) and Cardano (Ada) directly to its platform.
According to Santander, the new service incorporates the crypto next to OpenBank investment products, removes the need for third-party platforms and operates under European markets in Crypto-assets regulation (Mica) outline.
Crypto trading services have been planned to roll in Spain in the coming weeks, with additional tokens and features such as crypto-to-crypto conversion.
Coty de Monteverde, leader of the crypto in Group Santander, said it was adding crypto to the trading platform in response to customer’s demand.
Santander, headquarter in Spain, is one of Europe’s largest Banks with over 175 million customers in more than 40 countries, according to its website. Bank’s fully digital subsidiary, OpenBank, serves more than 2 million Clients All over Spain, Germany, Portugal, the Netherlands, the US and Mexico.
Launching was not Santander’s first foray in crypto. In 2018 the bank was launched A pay fx.
Most recently —but, Santander weighs Entering the Stablecoin market.
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Germany’s largest bank has been ganzing up for crypto
Santander’s move is part of a greater move to Germany, where the country’s largest banks Prepare to include crypto services Under the framework of Mika of Europe.
One of the earliest movers was the DZ Bank, the second largest German lender, who in September 2024 launched a crypto pilot across 700 cooperative banks using the Börse Stuttgart digital infrastructure.
In July 2025, Deutsche Bank, Germany’s largest lenderIt is said that it will launch a digital asset custody service in 2026 in collaboration with the Austria Bitpanda and Swiss tech firm Taurus, which renews plans first outlined in 2020.
Digital Assets head of Deutsche Bank, Sabih Behzad, said the bank considers entering the Stablecoin market, either by releasing its own token or joining existing projects
Most recently, Sparkssen-Finanzgruppe announced plans to launch the crypto trading retail to nearly 50 million German customers through its Sparkasse app in mid-2026, powered by Dekabank and Stuttgart Digital Stock Exchange.
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Similar developments present in the US. After the passage of Genius Act In July 2025, many banks – including JPMorgan, Citigroup and Bank of America -A begins the exploration of stablecoin issuing and retail services.
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