Deutsche Boerse's Clearstream to offer bitcoin and ether custody services


FILE PHOTO: Sparks strike representation of cryptocurrency Bitcoin in this illustration taken November 24, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) - Germany's Deutsche Boerse will offer cryptocurrency custody and settlement services for institutional clients from next month, the company said on Tuesday, becoming the latest firm to offer custody management for bitcoin and ether.

The service aims to allow crypto trading from various trading venues to be settled and held in Clearstream, Deutsche Boerse's settlement business. It marks an expansion into crypto services for the German exchange, after last year it launched its own crypto trading platform for institutional investors.

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