Deutsche Boerse to launch Bitcoin and Ether custody in April 2025
Deutsche Boerse’s Clearstream is set to introduce cryptocurrency custody and settlement services for institutional clients starting in April 2025.
This move reflects growing demand for regulated digital asset infrastructure among financial institutions.
The service will initially support Bitcoin (CRYPTO:BTC) and Ether (CRYPTO:ETH), catering to over 2,500 institutional clients.
Clearstream will provide these services through Crypto Finance AG, a Switzerland-based subsidiary in which Deutsche Boerse acquired a majority stake in 2021.
Jens Hachmeister, head of issuer services and new digital markets at Clearstream, described the initiative as “a one-stop shop around custody, brokerage, and settlement.”
Clearstream also plans to expand its offerings over time to include other cryptocurrencies, as well as additional services like staking, lending, and brokerage.
The initiative aligns with the broader adoption of digital assets in traditional financial markets, particularly following the implementation of the European Union’s Markets in Crypto-Assets Regulation (MiCA).
MiCA, which came into full effect on December 30, 2024, provides a unified regulatory framework for crypto asset service providers across Europe.
The move follows a trend among European financial institutions to integrate crypto services into their operations.
For instance, Boerse Stuttgart Digital Custody became Germany’s first crypto asset service provider to receive a full license under MiCA earlier this year.
The regulatory clarity provided by MiCA has encouraged financial firms to explore crypto-related offerings while ensuring compliance.
Hachmeister emphasised that the new service represents a significant step in digitising financial markets.
He noted that it would allow institutional clients to securely access digital assets through Clearstream’s established post-trading systems.
At the time of reporting, the Bitcoin (BTC) price was $82,711.75, and the Ethereum (ETH) price was $1,910.59.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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