Deutsche Bank is reportedly planning to debut its cryptocurrency custody service in 2026. The banking giant recruited the technology division of crypto exchange Bitpanda to help develop the offering. Deutsche Bank’s corporate bank, which first announced its custody plans in 2022, will also continue to work with Swiss tech company Taurus on the service. The custody project is happening as big banks are upping their focus on digital assets, bolstered by new European regulations and a more pro-crypto environment in the United States. “We can certainly see the momentum of stablecoins along with a regulatory supportive environment, especially in the U.S.,” said Sabih Behzad, Deutsche Bank’s head of digital assets and currencies transformation. “Banks have a wide variety of options available to engage in the stablecoin industry — everything from acting as a reserve manager, through to issuing their own stablecoin, either alone or in a consortium.”