Germany's Deutsche Boerse is set to launch institutional custody and settlement services for Bitcoin and Ethereum.
The program will be spearheaded by Deutsche Boerse's trading segment Clearstream, providing regulated and secure solutions for institutional customers.
Clearstream plans to expand into staking, lending, and brokerage services in the future.
This move signifies growing institutional confidence in cryptocurrencies and reflects the trend of fast-tracked institutional crypto adoption, both in Europe and the U.S.