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Deutsche Börse’s post-trade unit Clearstream announced that it will offer Bitcoin and Ethereum custody and settlement services to institutional clients later this year. This marks a significant push into the digital asset space by a leading European financial institution.
Institutional Crypto Custody Expansion
Clearstream, which oversees $20 trillion in assets under management (AUM), will begin offering Bitcoin and Ether custody to its 2,500 institutional clients next month. The service will be facilitated through Crypto Finance, a majority-owned subsidiary, acting as a sub-custodian.
Future Plans: Expanding Beyond Bitcoin and Ether
Clearstream aims to broaden its digital asset offerings by incorporating additional cryptocurrencies, staking, lending, and brokerage services. This move aligns with the increasing institutional demand for secure and regulated digital asset solutions.
Key Highlights:
- Bitcoin & Ethereum Custody – Clearstream will provide institutional-grade storage and settlement.
- $20 Trillion AUM – One of the largest financial institutions stepping into crypto custody.
- 2,500 Clients – Access to a wide range of institutional investors.
- Future Expansion – Plans to introduce more crypto assets and services like staking and lending.
Institutional Adoption Accelerates
As traditional financial giants like Deutsche Börse embrace digital assets, the institutionalization of Bitcoin and Ethereum continues to gain momentum. This development could pave the way for broader institutional adoption and further legitimization of crypto within mainstream finance.
Will more financial giants follow suit? Stay tuned for further updates on institutional crypto adoption!
