Deutsche Bank has applied with regulators to operate a crypto custodian, CoinDesk reported Tuesday.
The move came on a day a previously announced U.S.-based crypto exchange, EDX Markets — launched by Charles Schwab, Fidelity Digital Assets and Citadel Securities — began trading, and days after asset manager BlackRock filed with the Securities and Exchange Commission to form a spot bitcoin exchange-traded fund.
“I can confirm that we applied for the BaFin license for crypto custody,” a Deutsche spokesperson told CoinDesk, referring to Germany’s financial regulator.
