Deutsche exchange Launches Crypto Custody Service for Institutional Investors

Deutsche exchange launches crypto custody through Clearstream, providing institutional investors with secure settlement for Bitcoin and Ethereum.

Clearstream to Offer Secure Crypto Settlement for Bitcoin and Ethereum

Deutsche Börse Group has announced the launch of a new crypto custody service through its post-trade arm, Clearstream. The initiative, set to go live in April, will provide institutional investors with a secure and regulated solution for storing and settling digital assets, starting with Bitcoin and Ethereum.

A Milestone for Institutional Crypto Adoption

The launch follows Clearstream’s collaboration with Crypto Finance, a subsidiary of Deutsche Börse Group. Crypto Finance recently obtained a Markets in Crypto-Assets Regulation (MiCAR) license, ensuring compliance with European regulations.

Jens Hachmeister, Head of Issuer Services & New Digital Markets at Clearstream, emphasized the importance of this move:

Das Angebot von Krypto-Custody ist der nächste Schritt auf Clearstreams Weg zur Digitalisierung der Finanzmärkte. Die institutionelle, regulierungskonforme Lösung bietet den Kunden einfachen und schnellen Zugang zu neuen Anlageklassen, während sie die besten Funktionen unserer vertrauenswürdigen und etablierten Nachhandelsysteme genießen.

The new service will allow Clearstream’s International Central Securities Depository (ICSD) clients to access crypto custody through their existing accounts, eliminating the need for additional technical integrations.

Deutsche exchange Expands Its Digital Asset Offerings

Deutsche Börse first entered the cryptocurrency market in June 2021 by acquiring a majority stake in Crypto Finance AG. Since then, it has expanded its digital asset services, including the launch of the Deutsche Börse Digital Exchange (DBDX) in March 2024. The exchange enables institutional investors to trade Bitcoin and Ethereum while offering custody and settlement solutions.

Stijn Vander Straeten, CEO of Crypto Finance Group, highlighted the strategic advantage of the new offering:

This offering puts Deutsche Börse Group in a position second to none in the digital assets industry. We are now not only covering native services via direct interface but also leveraging traditional financial infrastructure, making it a convenient solution for institutions looking to enter the crypto market.

Bridging Traditional Finance and Digital Assets

The launch of Clearstream’s crypto custody service reinforces Deutsche Börse’s commitment to integrating digital assets into traditional financial markets. By offering a regulatory-compliant solution with high security standards, the company is positioning itself as a key player in institutional crypto adoption.

Mit der steigenden Nachfrage nach institutionellen Krypto-Diensten könnte diese Initiative den Weg für eine breitere Akzeptanz von digitalen Vermögenswerten in den traditionellen Finanzmärkten ebnen.

Institutional investors interested in accessing Clearstream’s crypto custody service can learn more through Deutsche exchange’s official channels.