Deutsche Bank Goes Live With Crypto Custody After a Five-Year Buildup
Deutsche Bank’s custody service now holds Bitcoin, Ethereum and three stablecoins for institutional and corporate clients in Europe.
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Deutsche Bank’s custody service now holds Bitcoin, Ethereum and three stablecoins for institutional and corporate clients in Europe.
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It’s a big shift for Ethereum from the “ultrasound money” days. But can ETH compete as a store-of-value play?
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The Ethereum co-founder says ETH's value comes from stability, not fee burns, citing its decentralization, censorship resistance and security.
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The firm’s stash reached 6.07 million ETH—4.97% of supply and 99% of the way to its “Alchemy of 5%” goal—as chairman Tom Lee called Vitalik Buterin’s “ETH is money” comments a “seismic shift.”
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