Deutsche Bank plans to run a cryptocurrency storage platform

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Deutsche Bank announced the intention to create in 2021 an integrated platform for the storage of digital assets of the institutional level.

According to the report of the World Economic Forum, the future custodial service will provide customers with unhindered access to the cryptocurrency ecosystem through solutions for storing hot / cold types and insurance protection.

The German Financial Conglomerate plans to run the service in stages, but in the ultimately, users will be able to buy and sell digital assets, directly cooperating with issuers, brokers and reliable stock exchanges. In parallel, Deutsche Bank will offer both related services related to lending, taxation of digital assets, their assessment, the management of cryptofords, equity participation.

All major investors will be able to access the platform. The fee will be charged for storing, trade and brainization.

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