Crypto Finance and Commerzbank Join Forces to Offer Institutional Bitcoin and Ethereum Trading

IconCryptoNewsTerminal Staff19 Sep, 2024

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Crypto Finance and Commerzbank Join Forces to Offer Institutional Bitcoin and Ethereum Trading

Crypto Finance, a subsidiary of Deutsche Boerse, is partnering with Commerzbank to provide institutional investors with trading services for Bitcoin (BTC) and Ethereum (ETH). Under the partnership, Commerzbank will provide custody services, leveraging its approval from German regulators obtained in November 2022. This move underscores the growing institutional interest in cryptocurrencies and the recognition of their legitimacy as an asset class. The partnership between Crypto Finance and Commerzbank is a significant step towards bridging the gap between traditional finance and the digital asset market. It provides institutional investors with a secure and regulated platform to access and trade cryptocurrencies