News View Non-AMP

DekaBank Launches Crypto Trading and Custody for Institutions

Published by
Nidhi Kolhapur

German investment bank DekaBank, which manages $395 billion in assets, has officially launched cryptocurrency trading and custody services for institutional clients. This comes after nearly two years of development and follows regulatory approval from Germany’s financial watchdog, BaFin. The bank now operates under the oversight of the European Central Bank (ECB), reinforcing its commitment to secure and compliant digital asset services.

U.S. Crypto Growth Fuels Global Interest

In 2025, the global financial sector is seeing a stronger shift toward crypto, with the U.S. leading the way. Since President Donald Trump’s election, the country has overhauled its crypto regulations, encouraging financial institutions worldwide to explore digital assets.

“We have the necessary experience, required licenses and a tested, ready-to-use infrastructure to support savings banks and our institutional clients,” noted Martin K. Müller, a board member of DekaBank.

As the asset manager for Germany’s largest financial group, Sparkassen-Finanzgruppe, DekaBank is marketing its new crypto services as secure and fully compliant with regulations.

German Banks Expand Crypto Offerings

Germany’s banking sector is increasingly embracing crypto. Landesbank Baden-Württemberg (LBBW) has partnered with Bitpanda to allow corporate clients to trade digital assets.

Meanwhile, Germany’s cooperative banks, led by DZ Bank, plan to introduce crypto services for private customers by mid-year. This initiative, developed alongside IT service provider Atruvia and the Stuttgart Stock Exchange, highlights the country’s growing role in the crypto economy.

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

House Committee Approves STABLE Act – What’s Next for Crypto?

Following a 13-hour debate, the U.S. House Financial Services Committee has passed the STABLE Act…

April 3, 2025

Trump’s Tariff ‘Liberation Day’ SHOCKS the World – Bitcoin Ready to Explode?

Yesterday, the US government imposed reciprocal tariffs on some of its prominent trade partners, including…

April 3, 2025

XRP Ripple News: RLUSD Minting Hits $100M As Demand Soars

Ripple USD (RLUSD) has seen a huge boost, with over $100 million issued since April…

April 3, 2025

EOS, Story, & Litecoin Surge As Markets Consolidate—Here’s What’s Next for These Altcoins

Since the inauguration of the new president of the US, the markets have remained highly…

April 3, 2025

Top 10 Solana Blockchain APIs for Developers

With the introduction of easy memecoin generation, Solana took off last January post pumpfun launch…

April 3, 2025

U.S. House Passes STABLE Act: Trump’s Stablecoin Ties Spark Debate

The U.S. House Financial Services Committee has pushed forward the STABLE Act, a major step…

April 3, 2025