Clearstream Ventures into Crypto!
Institutional $BTC and $ETH Services Launching Soon!
Big news for institutional investors! Clearstream, the post-trade services provider of Deutsche Boerse, is making its foray into the cryptocurrency space. As of next month, the company will begin offering custody and settlement services for $BTC and ETH to its extensive client base of 2,500, marking a significant milestone in bridging traditional finance with digital assets.
To facilitate this development, Clearstream has partnered with Crypto Finance, a subsidiary of Deutsche Boerse, to serve as a sub-custodian. This collaboration is merely the beginning, as Clearstream envisions expanding its crypto offerings to encompass additional cryptocurrencies, staking, lending, and brokerage services in the future.
This move underscores the growing mainstream acceptance of cryptocurrencies in Europe, with prominent financial institutions increasingly integrating digital assets into their existing infrastructure.
What are your thoughts? Will this development attract more institutional investment into the crypto space?
