📣 DZ Bank Launches a Blockchain-Based Crypto Custody Platform

posted  6 Nov 2023
Photo - 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).

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.