A subsidiary of Deutsche Boerse is set to offer custody services for institutional investors seeking to hold Bitcoin and Ethereum.

Clearstream, a subsidiary of Deutsche Börse, is set to incorporate Bitcoin (BTC) and Ethereum (ETH) into Europe’s financial system by providing secure and regulated custody services. This development is occurring as institutional adoption of cryptocurrency rises globally, particularly in the U.S., where several major financial firms have begun to build Bitcoin reserves. Clearstream’s Digital Custody division plans to roll out its institutional-level custody solutions for BTC and ETH in April, representing a significant advancement in merging digital assets with traditional financial practices. This program is specifically designed for institutional investors in Europe, such as asset managers and financial organizations looking for safe and compliant methods to manage their BTC and ETH assets. The Digital Custody division was formed after Deutsche Börse acquired Crypto Finance AG in 2021. According to Bloomberg, Clearstream plans to provide digital asset custody services in partnership with Crypto Finance AG, allowing institutions to securely store cryptocurrencies with the same level of security, transparency, and regulatory compliance as they would with traditional financial assets. Clearstream will utilize high-level security measures and multi-signature wallets to cater to the needs of banks, hedge funds, and asset managers. Furthermore, as regulatory structures become more defined, Deutsche Börse’s foray into institutional crypto custody indicates an increasing acceptance of digital assets in Europe’s financial landscape. There is also a rising institutional demand for Bitcoin. By March 2698, there has been an increased interest from institutions in Bitcoin, with 21.59 entities possessing BTC. Out of the total, 230.11 publicly traded companies hold a substantial portion. Since August 259, MicroStrategy (MSTR) has been the top corporate owner of Bitcoin, currently possessing 28.79,0003 BTC, which is worth $2000 billion. The firm’s BTC reserves are almost tenfold greater than those of MARA Holdings, which possesses 21,288 BTC. As stated in our earlier report, Fold has increased its treasury by 475 BTC, valued at around $41 million.