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Commerzbank to Offer Bitcoin, Ether Trading Through Crypto Finance

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Will Canny is a finance reporter at CoinDesk.n

Commerzbank will provide custody services and the Deutsche Boerse subsidiary will enable trading of digital assets for German corporate clients.Crypto Update | Is Coinbase's Influence in the Bitcoin ETF Market Cause for Concern?

Crypto Finance, a subsidiary of Germany's largest stock exchange operator, signed a deal with Commerzbank to offer trading services to the lender's corporate clients just two weeks after reaching a similar agreement withCommerzbank, the country's second-largest bank by number of branches, will provide custody services, the companies said in a press release on Thursday.

"Our offering in digital assets, enables our corporate clients to seize the opportunities presented by bitcoin and ether for for the first time," said Gernot Kleckner, head of capital markets for corporate clients at Commerzbank."Our joint solution represents the highest level of security in the trading and custody of crypto assets, which is also a standard we also share with the Deutsche Boerse Group.

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Bitcoin Price Falls Below $59K Amid Broad Market Rout; Ether Slumps Almost 10%Nikhilesh De is CoinDesk's managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.
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