Deutsche Bank expands its digital asset custody services to the European Economic Area.

Deutsche Bank's digital asset custody service has expanded from Germany to the European Economic Area through a regulatory passporting arrangement. This service is geared towards institutional clients and supports Bitcoin, Ethereum, and three stablecoins and e-currency tokens: USDC, EURC, and EURAU. It is not available to retail investors. Customers can access the service through Deutsche Bank's Autobahn gateway and Corporate Bank portal, choosing between online accounts or offline storage. The custody platform employs dedicated cryptographic hardware, segregation of customer assets, and customized transaction permissions, and provides tiered authentication. The service is operated by Deutsche Bank's Frankfurt branch, and its clients include corporations, hedge funds, asset managers, brokers, custodians, and sovereign entities. (Source: Bitcoin.com News)