Deutsche BoSet Clearstream to launch BTC and Eth Custody for Institutions: Report

The Deutsche Borse, Clearstream trade unit announced that it will present custody and cryptography settlement for institutional clients at the end of this year.

The services will be provided through its majority property subsidiary, crypto Finance, which will act as a subcustodian.

Clearstream's offer

According to a Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2025-03-11/deutsche-boerse-s-clearstream-to-offer-bitcoin-ether-custody?embedded-checkout=true” target=”_blank” rel=”noopener” data-wpel-link=”external”>reportClearstream will offer custody services for bitcoin (btc) and ethereum (eth) to its 2,500 customers from next month. The company also plans to introduce support for other cryptocurrencies and expand its offers to include bet, loans and brokerage capabilities.

“With this offer, we are creating a unique window around custody, brokerage and agreement,” said Jens Hachmeister, head of issuing services and new digital markets in the company. He also declared that the measure would allow him to provide services for assets such as stablecoins and tokenized values ​​in the future.

According to the CEO of crypto Finance, Stijn Vander Straten, the organization began planning this service about a year ago. The Executive added that the strategy would allow banks and large institutions to adopt digital assets more quickly through family technology and compliance tools.

Clearstream is one of the largest compensation houses in Europe, with approximately $ 21.7 billion in assets under administration (AUM) from January of this year. The clients of the company's central securities deposit will be able to access the services of custody and liquidation of encryption using their existing accounts with Clearstream Banking SA.

Growing demand under mica

Traditional financial institutions have increased their presence in digital assets in response to regulatory clarity in regions such as the European Union (EU), Singapore and the United Arab Emirates (EAU).

Vander Straten declared that the demand of international banking clients has been “very high” since the markets in the regulation of crypto-Assets (MICA) entered into force on December 30, 2024. He observed that the management companies of these institutions often spend up to 5 million euros to build and maintain internal crypto equipment. “Here is an opportunity to have that at zero additional cost,” he said.

The last offer follows a recent milestone in Germany, where the digital custody of Borse Stuttgart became the first supplier of cryptographic asset services in the country to obtain a complete authorization of Mica. According to the European license, the organization is now a regulated infrastructure provider for banks, corridors and asset administrators.

Meanwhile, the Spanish bank BBVA SA received regulatory approval on Monday to launch cryptographic trade services for retail customers. The financial institution <a target="_blank" href="https://www.bbva.com/en/innovation/bbva-will-offer-bitcoin-and-ether-trading-and-custody-services-in-spain/” target=”_blank” rel=”noopener” data-wpel-link=”external”>Plans Initially, provide commercial services for btc and eth through its mobile bank application, with a stage deployment that begins with a select group of customers before expanding throughout the country.

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