Deutsche Bank's DWS eyes 2 German crypto firms for investment: Report

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Deutsche Bank's asset management arm, which has been looking to acquire 'various specific blockchain-related services,' is now in talks with two German crypto firms.

Deutsche Bank's asset management arm is in discussions to invest in two German crypto companies, according to people familiar with the matter.on Feb. 8, DWS Group CEO Stefan Hoops is currently in talks to buy a minority stake in Deutsche Digital Assets, a crypto exchange-traded products provider. It's also in talks with Tradias, a market maker firm owned by Bankhaus Scheich — a traditional finance market maker.

Tradias is an over-the-counter trading platform for cryptocurrencies and security tokens created by Bankhaus Scheich in 2020, providing crypto loans and liquidity services.

 

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Btc=1000000$

Germany has been making slow but consistent progress overall towards BTC. In 2020 many banks started offering crypto services. Slow but steady bitcoin

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