Germany’s Commerzbank has announced plans to offer Bitcoin and Ether trading services to its corporate clients through a partnership with Crypto Finance, a subsidiary of Deutsche Boerse. This move marks a significant step in integrating digital assets into traditional finance for corporate clients in Germany.

Focus on Corporate Clients

Commerzbank will initially offer custody services and trading for Bitcoin and Ether. The service is aimed at helping corporate clients seize new opportunities in digital assets, starting with the two largest cryptocurrencies.

Partnership with Crypto Finance

Through this collaboration, Commerzbank aims to provide secure and compliant trading options for digital assets. The bank obtained a crypto custody license in 2023, allowing it to expand its services in the digital asset space.

Expanding Digital Asset Offerings

Commerzbank’s move follows its recent partnership with Zürcher Kantonalbank (ZKB) in Switzerland, which also focuses on offering crypto services. The bank’s goal is to provide a high level of security and reliability for its clients as they venture into the world of digital assets. Source