Germany’s second-largest bank has lately launched a digital asset custody platform powered by Ripple technology.
DZ Bank, which manages over €350 billion in assets, now offers tokenized bonds and crypto securities through integrated blockchain infrastructure. This development marks a milestone in the institutional adoption of cryptocurrency in Europe.
The partnership represents the first major European banking institution to implement Ripple’s custody solutions with live client operations fully. Industry observers view this as a critical step toward mainstream digital asset integration in traditional banking.
DZ Bank has officially integrated Ripple Custody technology into its operations, becoming Germany’s largest custodian to embrace blockchain-based asset management.
The bank now handles tokenized bonds and crypto securities through distributed ledger technology infrastructure. This implementation goes beyond pilot programs or proof-of-concept trials, representing full production deployment with real client assets.