Deutsche Bank plans to bring its crypto custody service to Asia in 2027 and launch it in Germany within weeks, its corporate bank co-head told Reuters.
Finance Deutsche Bank targets Asia crypto custody expansion in 2027 as German launch nears The service will initially support bitcoin, ether and the stablecoins USDC, EURC and EURAU, with the bank managing clients’ wallets and private keys. By Francisco Rodrigues | Edited by Nikhilesh De Oct 18, 2026, 10:00 p.m. EDT 2 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on Summary Show Deutsche Bank plans to bring its crypto custody service to Asia in 2027 and launch it in Germany within weeks, its corporate bank co-head told Reuters. The service will initially support bitcoin, ether and the stablecoins USDC, EURC and EURAU, with the bank managing clients’ wallets and private keys. The bank also plans stablecoin conversion, tokenized deposits and digital bond issuance as part of a target of roughly 8% annual revenue growth by 2028. Deutsche Bank (DB) plans to bring its crypto custody service to Asia in 2027, extending its push into digital assets as it prepares to launch the service in Germany within weeks. The German banking giant, Reuters reported citing the firm’s co-head, also plans to offer stablecoin conversion, tokenized deposits and services that help clients issue digital bonds and other blockchain-based securities. The move could give institutional clients in Asia access to crypto services through an established global bank, without having to manage their own crypto wallets or private keys. It’s unclear which Asian financial services it will target first. Deutsche Bank’s custody service will allow corporate and institutional clients to hold and transfer cryptocurrencies, with the bank handling the technology needed to keep the assets secure. The bank said in September that its initial offering would support bitcoin, ether and stablecoins including USDC, EURC and EURAU. The German launch remains subject to regulatory approval. Podobnik said the expansion is part of Deutsche Bank’s broader plan to achieve roughly 8% compound annual revenue growth in its corporate bank from 2025 to 2028. The Asia rollout would extend the custody service beyond Europe as banks seek a larger role in managing digital assets for institutional clients. Deutsche Bank has worked with Bitpanda and Taurus on its custody plans, and joins rivals such as Standard Chartered and BBVA in offering crypto custody. Stablecoins Latest Crypto News 1 SEC tokenized stock framework faces issuer pushback as Broadcom, Verizon object to OKX-ICE listing 2 hours ago 2 The White House’s crypto chief departs: State of Crypto 7 hours ago 3 Wall Street freaked out Friday, but VIX and bitcoin trades say the fear may fade Monday. 9 hours ago 4 Latvia eyes crypto tax payments in 2027 as parliament overhauls crypto taxation 10 hours ago 5 Stablecoin supply stalls, but payments jump 45% as Visa, Mastercard and Stripe connect crypto to cash 12 hours ago 6 Bitcoin’s $100,000 year-end hope divides analysts as inflation clouds outlook 13 hours ago 7 Crypto audits give investors false sense of security as Q3 hacks cost $1.18 billion, Hacken says 13 hours ago 8 Crypto exchanges Binance, Coinbase join West Africa scam sweep that flagged $11 million 14 hours ago 9 Chip-stock bets lost $52 million in 10 minutes with Wall Street shut 19 hours ago 10 Circle defends USDC economics as stablecoin rivals court its partners with bigger cut 1 day ago Latest Research Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years. By CoinDesk Research Sep 24, 2026 Commissioned by RealFi Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years. Why it matters : Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years. View Full Report More From Finance SEC tokenized stock framework faces issuer pushback as Broadcom, Verizon object to OKX-ICE listing Stablecoin supply stalls, but payments jump 45% as Visa, Mastercard and Stripe connect crypto to cash Crypto exchanges Binance, Coinbase join West Africa scam sweep that flagged $11 million