Deutsche Bank Partners With Digital Asset Infrastructure Firm To Offer Crypto Custody and Tokenization Services

Deutsche Bank Partners With Digital Asset Infrastructure Firm To Offer Crypto Custody and Tokenization Services


German banking giant Deutsche Bank just entered a global agreement with Swiss digital asset infrastructure firm Taurus that anticipates further growth in crypto adoption.

In a statement, Taurus says the partnership will enable Deutsche Bank to use its custody and tokenization technology to manage cryptocurrencies, tokenized assets and digital currencies.

Says Taurus co-founder Lamine Brahimi,

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“We are pleased to implement this global partnership with Deutsche Bank and look forward to supporting the bank in launching digital assets and DLT (distributed ledger technology)-based products and services across several booking centers.”

According to a 2020 World Economic Forum report, Deutsche Bank already plans to launch a new digital custody platform for institutional clients as early as three years ago.

“The platform will be embedded with a full

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