The Block Crypto News22 minutes ago

Published on April 15, 2024 12:03 GMT+00:00edited on April 15, 2024 12:04 GMT+00:00

Germany's Landesbank Baden-Württemberg bank has announced plans to provide its institutional and corporate clients with "investment-as-a-service" infrastructure for storing and procuring cryptocurrencies.

The largest federal bank in Germany has partnered with the Austrian-based Bitpanda exchange to implement the new crypto custody services. It plans to start with a custody pilot during the second half of 2024, which will initially include the storage and trading of bitcoin and ether.

Partnership between LBBW and Bitpanda

The partnership with Bitpanda will provide LBBW with the technical and regulatory infrastructure to offer its customers the new digital asset trading and custody solution, LBBW Board of Directors member Stefanie Münz said. "By offering crypto-asset custody, we are …