For institutions weighing crypto custody, a central question is where the keys are held and how clients access their assets. In a notice published on November 14, 2026, Odaily cited a post by Bitcoin News on X saying Deutsche Bank had opened a custody service to paying institutional clients.
According to Bitcoin News, the bank directly custodies BTC, ETH, USDC and the euro stablecoins EURC and EURAU. It said keys are stored in hardware security modules, while clients access the service through the bank’s Autobahn gateway. The service is offered from Frankfurt to EU clients, initially for custody and transfers, with more functions planned.
Bitcoin News also said the service would launch during a period of ETF investor withdrawals. The notice does not provide further details about those withdrawals or independently confirm the service arrangements.