German financial institution DekaBank launches cryptocurrency trading and custody services for institutional clients

2025-02-24 23:37:57
Collection

ChainCatcher news, according to CoinDesk, DekaBank, a large German financial institution managing €377 billion ($395 billion) in assets, has announced the launch of cryptocurrency trading and custody services for institutional clients.

The company has obtained regulatory approval for crypto custody under the German Banking Act from the Federal Financial Supervisory Authority (BaFin) prior to the launch of the new services.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators