Deutsche Bank to Offer Crypto Custody in 2026, Partners with Bitpanda and Taurus
Deutsche Bank is making a strategic push into digital asset custody, leveraging partnerships with Bitpanda Technology Solutions and Taurus SA. The German banking giant will tap into Bitpanda's institutional-grade custody infrastructure, while maintaining its collaboration with Swiss fintech firm Taurus for tokenization and asset management solutions.
The move signals growing institutional demand for regulated crypto services. Deutsche Bank's corporate banking arm had previously invested $65 million in Taurus during a 2023 funding round, underscoring its long-term commitment to blockchain-based financial infrastructure.
While neither party disclosed specific terms, industry observers view these partnerships as validation for Europe's burgeoning crypto custody sector. The bank's phased rollout suggests careful compliance considerations ahead of its planned 2026 launch.