Investing

Deutsche Börse-backed Clearstream enters Bitcoin and Ether custody market

Deutsche Börse Group is doubling down on its crypto foray with its subsidiary Clearstream entering the crypto custody market.

According to an announcement on Mar. 11, the Germany-based post-trade powerhouse will as from April 2025 offer Bitcoin (BTC) and Ethereum (ETH) custody services.

The move continues Deutsche Börse’s foray into the digital assets market.

With this offer, the company is eyeing traction for institutional-grade security of digital assets.

Why does it matter?

BTC and ETH are the two largest cryptocurrencies by market cap, with Bitcoin the most popular amid massive adoption of products such as exchange-traded funds (ETFs).

With this offering, customers will have the opportunity to use Clearstream as their primary custody and settlement venue for crypto trading.

The solution offers a 24/7 service across multiple supported trading platforms.