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Deutsche Bank said that this partnership is a natural extension of its recent digital asset-focused initiatives.
“We're building out our digital assets and custody business," David Lynne - an executive at the bank - stated.
The Swiss crypto company will use the financing to expand across Europe and the UAE.
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While Bitcoin can continue growing to become the "digital gold," Ethereum has the ability to be the "digital silver," according…
German-based institutional funds will be able to allocate up to 20% of their overall portfolios in bitcoin and other cryptocurrencies.