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[Deutsche Bank Plans to Launch Institutional-Grade Crypto Custody Within Weeks, Initially Targeting Professional Clients in Germany] According to a report by NewsBTC on October 18, Deutsche Bank is nearing the launch of its institutional-grade crypto asset custody service. Comments from October 16 indicate that the bank expects to begin serving institutional clients within weeks, initially targeting German enterprises and professional investors. The custody service is planned to support assets such as Bitcoin and Ethereum, with technology co-developed by Swiss digital asset infrastructure company Taurus. The report emphasizes that this is not a retail-focused cryptocurrency trading application; institutional custody involves not only safeguarding private keys but also meeting requirements for asset segregation, operational controls, reporting, insurance arrangements, and regulatory compliance. This service allows qualified institutions to access digital assets through familiar banking relationships, rather than relying solely on specialized crypto companies. Deutsche Bank has also discussed tokenized deposits, digital securities, and plans to potentially expand to Asian financial centers by 2027, though such developments still require regulatory approval. The planned launch should not be interpreted as a globally operational service at this stage.