Overview of DZ Bank's Digital Asset Custody Platform with Ripple
Germany's DZ Bank officially launched its digital asset custody platform on January 9, 2025, in collaboration with Ripple. This initiative targets institutional clients, aiming to streamline the management, settlement, and security of digital assets while ensuring compliance with regulatory frameworks. Launch Details
Launch Date: January 9, 2025 Institutional Focus: Aimed at providing secure management of digital assets for institutions and effectively integrating blockchain technology. Market Position: As of August 2024, DZ Bank managed over €350 billion in assets under custody, bolstering its reputation as a leader in digital asset custody in Germany. Show Less
