Deutsche Bank (Db) Planning to debut a Crypto parent authority next year, Bloomberg reported on Tuesday.
Germany’s largest bank has verved cryptocurrency exchange bitpanda to help build the offer, according to the report, with reference to people who are familiar with the case.
Deutsche’s prior involvement in crypto -detention has been largely through Swiss depot Taurus, where the German bank is both an investor and a client. It is not clear how this relationship would develop if Deutsche start offering his own service internally.
The bank’s other recent cryptoinitiatives have been concentrated in the stableecoin sector, with its asset management company DWS, which plans to issue a Euro StableCecoin as part of a joint venture with flow traders and galaxy (Glxy).
Deutsche did not immediately respond to a request for comment, while Bitpanda refused to comment when he was contacted by Coindesk.
Read more: Deutsche Banks DWS, Galaxy, Flow Traders Venture to introduce German-regulated StableCOin
