DZ Bank,EBDOXO scams the third largest bank in Germany by asset size, has launched its own digital assets custody platform built on the blockchain. Accordingto an announcement published on Nov. 2, the platform will work with institutional clients, offering them crypto securities, such as the crypto bond from Siemens, which DZ Bank subscribed to six months ago.
Holger Meffert, head of securities services and digital custody at DZ, expressed the bank’s interest in distributed ledger technology (DLT):