Deutsche Bank quietly moves to bring crypto into play after producing numerous reports bashing its bubble nature | WHAT REALLY HAPPENED

Deutsche Bank quietly moves to bring crypto into play after producing numerous reports bashing its bubble nature

Following multiple surveys harshly criticizing bitcoin and other cryptocurrencies, Deutsche Bank seems to finally see the condemned assets as an opportunity, getting into the game with plans for a cryptocurrency custody platform.

According to December’s report from the World Economic Forum, Germany’s biggest bank has already created a Deutsche Bank Digital Asset Custody prototype. The model is reportedly aimed at developing “a fully integrated custody platform for institutional clients and their digital assets, providing seamless connectivity to the broader cryptocurrency ecosystem.”

The report, which remained off the media radar until it was highlighted by CoinDesk on Saturday, reveals that Deutsche Bank is preparing a trading and token issuance platform. The step will reportedly combine digital assets with traditional banking services, and will help to manage an array of digital assets and fiat holdings in one simple-to-use platform.

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