DZ Bank Launches a Blockchain-Based Crypto Custody Platform
Germany’s third-largest bank, DZ Bank AG, has unveiled a digital assets custody platform built on distributed ledger technology (DLT).
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Germany's third-largest bank, DZ Bank AG, has unveiled a digital assets
custody platform built on distributed ledger technology (DLT).
This
platform is designed to cater to institutional clients, granting them
access to crypto securities, including digital bonds issued by industry
giant Siemens.
“We
assume that within the next ten years, a significant proportion of
capital market business will be processed via distributed ledger
technology (DLT)-based infrastructures,” said the head of securities
services and digital custody at DZ.
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