Germany’s Second Largest Bank Announces It Will Offer Bitcoin (BTC) and Ethereum (ETH) Services to Its Customers!

Germany’s second largest bank after DeutscheBank Commerzbankis taking determined steps towards cryptocurrencies.

According to Coindesk’s report Commerzbank is launching Bitcoin (BTC) and Ethereum (ETH) transactions for its corporate clients.

Commerzbank, which will provide custody services, will be providing this service through a subsidiary of Deutsche Boerse Crypto Finance established a partnership with.

With this partnership, Commerzbank will enable trading of digital assets for its German corporate clients.

Commerzbank, which stated that it will offer custody services to its corporate clients, will be offered to customers in Germany together with its Deutsche Boerse subsidiary and will initially offer custody services to the two largest cryptocurrencies, Bitcoin (BTC) ve Ethereum (ETH) He said he would focus on trade with.

“Our offering in digital assets enables our institutional clients to seize the opportunities offered by bitcoin and ether for the first time. Our joint solution represents the highest level of security in trading and storing crypto assets, a standard that we also share with the Deutsche Boerse Group,” said Gernot Kleckner, head of capital markets for institutional clients at Commerzbank.

Commerzbank announced in November 2023 that it had received a license to hold cryptocurrency in Germany, becoming the first full-service bank in Germany to do so.

*This is not investment advice.