Germany’s DZ Bank to Offer Crypto Custody With Swiss Firm Metaco – Finance Bitcoin News

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Major German bank to provide crypto custody services.

The offering will be facilitated by a partnership with Metaco, a Swiss company that specializes in helping financial institutions to operate in the digital asset space.DZ Bank, part of Volksbanken Raiffeisenbanken which is one of the largest banking groups in Germany, is going to employ a platform built by Metaco to offer institutional clients services in the field of digital currencies and crypto securities, the fintech announced.

Metaco, founded in Switzerland in 2015, is focused on enabling financial and non-financial institutions to conduct crypto operations. Its infrastructure allows such players to store and trade cryptocurrencies, tokenize other assets, provide staking services, and manage smart contracts.

 

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All the while JP Morgan seems to be taking an entirely different approach towards these new technologies 👀👀

Cool. Trying to enter a new market

How is the cryptocurrency environment in Germany?

It will be interesting to see how this develops and whether other banks will follow suit.

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