Germany's second largest bank, DZ Bank, has launched a platform for managing crypto securities, including tokenized bonds, as part of its efforts to streamline capital market processes using blockchain technology. The bank collaborated with Ripple Custody to create a secure and compliant digital asset infrastructure, enabling comprehensive wallet management and blockchain analytics. With €350 billion in assets under custody, DZ Bank positions itself at the forefront of institutional crypto adoption. This move aligns with the broader trend among European financial giants, such as Commerzbank and Zürcher Kantonalbank, who are also embracing digital assets. DZ Bank aims to lead the wave of blockchain adoption by providing efficient and secure custody and management services to institutional clients.



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