The Deutsche Börse Group will now offer access to digital assets by making the option of crypto custody services available to its institutional investors. The bank is working together with its subsidiaries Clearstream and Crypto Finance in order to facilitate the new crypto offerings.
On 11 March 2025, the bank’s press release revealed that the launch of the crypto offering is scheduled for April this year.
Bitcoin and Ethereum are the first crypto assets to be offered by Clearstream. However, the banks said that depending on customer demand, an expansion to other cryptocurrencies will be considered.
“We are delighted to partner with Crypto Finance and leverage the strength of our global Deutsche Börse Group portfolio to make crypto assets accessible to the broader market,” said Jens Hachmeister, Head of Issuer Services and New Digital Markets at Clearstream.
Deutsche Boerse’s Clearstream to launch crypto custody & settlement services for institutional clients by 2025, paving the way for regulated digital asset infrastructure and impacting institutional investment in Bitcoin & Ether.
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“This offers financial institutions unparalleled easy access to the crypto industry”
According to the bank, the customers of Clearstream’s International Central Securities Depository (ICSD) can now use their existing accounts with Clearstream Banking SA (Luxembourg, CBL) to access cryptocurrency settlement and custody services.
Furthermore, the bank assured that no additional direct contractual, technical and functional relationship with cryptocurrency service providers is required.
Commenting on the launch, Hachmeister said, “Crypto asset custody is the next step in Clearstream’s journey to digitalize financial markets. The scalable, regulatory compliant solution offers institutional clients easy and fast access to new asset classes while benefiting from the best features of our established post-trade systems.”
Meanwhile, Stijn Vander Straeten, CEO of Crypto Finance Group said, “This offering puts Deutsche Börse Group in a leading position in the digital asset industry. We now not only cover native services via direct interfaces, but also support established systems used by most market participants.”
“This offers financial institutions unparalleled easy access to the crypto industry,” he added.
According to the press release, customers can choose Clearstream as a custody and settlement venue for cryptocurrency trading activities conducted 24/7 across various trading platforms.
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MiCAR License Cemented Regulatory Compliance
Clearstream’s entry into crypto custody is likely to have far-reaching implications for the cryptocurrency market.
Notably, with assets under custody of around 19 trillion euros, Clearstream is one of the world’s largest settlement and custody service providers for national and international securities. Meanwhile, regulated by FINMA in Switzerland and BaFin in Germany, Crypto Finance offers trading, custody and wallet services.
In January this year, Crypto Finance laid the foundation to serve customers across Europe by obtaining its MiCAR license while cementing its regulatory compliance and leading position in the industry.
Just yesterday, Spanish banking giant BBVA received regulatory approval to offer BTC and ETH trading services to its customers.
According to a Reuters report dated 10 March 2025, BBVA is set to launch a service that will allow its clients to securely purchase, sell, and handle bitcoin and ether transactions via its app.
The timing of this approval is particularly noteworthy as it aligns with MiCA’s implementation across the EU. MiCA provides a unified regulatory framework for cryptocurrencies and related services. It was put in place to ensure transparency, consumer protection, and market stability.
Key Takeaways
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Deutsche Börse Group’s subsidiary Clearstream has announced plans to offer custody services for Bitcoin and Ethereum. This development marks a significant milestone for the European financial market infrastructure provider, as it ventures into the digital asset space amid increasing demand from institutional investors.
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The decision by Clearstream to offer Bitcoin and Ethereum custody services reflects the growing appetite for cryptocurrencies among institutional investors.
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