The partnership will bring cryptocurrency trading and custody solutions to around 700 cooperative banks, with an initial rollout planned for late 2024.
Germany’s second-largest financial institution, DZ Bank, has partnered with Boerse Stuttgart Digital to provide customers with cryptocurrency trading and custody services to its cooperative bank network.
The collaboration will enable approximately 700 cooperative banks under DZ Bank’s umbrella to provide retail customers with an option to access digital assets like Bitcoin (BTC) and Ether (ETH).
The regulated platform’s move is part of a phased roll-out plan to begin later this year, initially enabling select retail clients to test the new crypto trading offering.
