Commerzbank Partners with Crypto Finance to Offer Bitcoin, Ethereum Trading and Custody to 11.6M Customers

Sep 19, 2024, 10:54 AM

Commerzbank, one of Germany's largest banks with 34 billion Euros in assets under management, has announced a partnership with Crypto Finance, a subsidiary of Deutsche Börse. This collaboration will enable Commerzbank to offer Bitcoin and Ethereum trading and custody services to its corporate clients, 11.6 million retail customers, and 26,000 clients. The move leverages Crypto Finance's regulated structures and licenses, marking a significant step for Commerzbank in the cryptocurrency market. The bank, which has 500 billion Euros in total assets, is expanding its services to include digital currencies.