- Deutsche Bank embraces blockchain for secure institutional crypto custody services.
- Partnerships with Bitpanda, Taurus boost infrastructure and compliance capabilities.
- Exploring tokenized payments shows a commitment to digital financial transformation.
Deutsche Bank is preparing to launch its long-awaited digital asset custody service in 2026, according to Bloomberg. The German financial giant has joined forces with Austrian crypto exchange Bitpanda’s technology division and Swiss fintech Taurus to develop the infrastructure behind the offering.
The bank’s corporate division, which first disclosed its plans in 2022, remains focused on building out a comprehensive crypto custody platform.
Bitpanda Technology Solutions is likely to dominate in the development process, and Taurus will continue to offer blockchain infrastructure and tokenization services. Both Deutsche Bank and Bitpanda refrained from making any of their own public comments on the development.
Partnerships Strengthen Crypto Custody Ambitions
The project arrives at a time when global financial institutions are increasing their exposure to digital assets. Favorable regulations across Europe, paired with a supportive political climate in the United States, have encouraged banks to explore new blockchain-based services.
Bitcoin has surged in recent months, bolstered by the reelection of Donald Trump and his appointment of crypto-friendly officials.
This action of Deutsche Bank indicates an increase in institutional confidence in the digital assets market. The bank anticipates providing an authorized, highly secure, and balanced crypto custody service that will be able to provide institutional needs by collaborating with Bitpanda and Taurus.
The background of Bitpanda as a company specialized in creating tailor-made digital asset solutions should add to the know-how of Taurus in terms of a tokenized asset framework.
The bank’s investment in Taurus in 2023, part of a €55 million funding round, demonstrates a strong commitment to blockchain integration. Both firms are working to ensure the crypto custody system complies with upcoming European regulatory standards.
JUST IN: 🇩🇪 Germany’s largest bank, Deutsche Bank, to launch crypto custody services in 2026.
— Watcher.Guru (@WatcherGuru) July 1, 2025
Digital Tokens and Payments Under Review
The increasing interest by the bank in tokenizing deposits is indicative of a greater tendency in the legacy world examining payment system modernization. The internal sources report that Deutsche Bank might as well come up with a customized token solution to facilitate its cross-border transactions.
This includes potentially creating its own digital token or collaborating with industry-wide initiatives to facilitate secure payments.
The interest of the bank in tracking deposits with tokens appears as part of a broader shift of legacy institutions toward the modernization of the payment system. Internal sources quote that Deutsche Bank is also looking to create a bespoke token solution that will help in making cross border transactions easier.
With the launch of 2026 approaching, Deutsche Bank is setting itself in the center of the changing digital finance environment in Europe. This is an important step in its crypto-custody venture into a market that is being influenced by blockchain innovation, along with institutional demands.
