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[1/2]A logo of the bank is seen next to the headquarters of Commerzbank one day ahead of the bank’s rejoinment to Germany’s share price index DAX in Frankfurt, Germany, February 26, 2023. REUTERS/Kai Pfaffenbach/File Photo Acquire Licensing Rights
Nov 15 (Reuters) – Commerzbank AG (CBKG.DE) on Wednesday said it has received a crypto custody licence in Germany, which it said will allow it to launch a “broad range” of digital asset services, with a focus on crypto assets.
The services will be aimed at institutional and corporate clients, and the first product will be a custody service for the cryptocurrencies bitcoin and ether, a spokesperson for Commerzbank said via email.
Reporting by Nilutpal Timsina in Bengaluru, additional reporting by Elizabeth Howcroft in London; editing by Jason Neely, Kirsten Donovan
Our Standards: The Thomson Reuters Trust Principles.
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