Deutsche Qualität. The Crypto.com exchange has just announced that the German banking giant will provide its services in the Asia-Pacific region, confirming Deutsche Bank’s intention to move closer to Web3. After several appearances in tokenization or stablecoin transfer projects, the leading German bank will have a significant platform in the ecosystem as a partner. For Crypto.com, the advantages are obvious and the seriousness of the institution will be a guarantee of quality and a form of legitimacy. When crypto and Tradfi get married, we are there to post bans.
- Deutsche Bank has announced a historic partnership with Crypto.com to provide services in the Asia-Pacific region.
- This partnership marks Deutsche Bank’s growing commitment to Web3, strengthening the legitimacy of Crypto.com.
Every day, Deutsche Bank dives deeper into Web3 and joins the top 15 exchanges
So we have on one side Deutsche Bankthe first institution in the country and one of the most important in Europe to start its foray into Web3 last year, notably through a partnership with FinTech Taurus, before expanding its experiments. In favor of the central bank’s digital currency, the bank has invested in several protocols blockchain before trying out stablecoins and tokenization with the Guardian project teams in Singapore.
Helping Crypto.com achieve its ambitions is a very interesting challenge for this bank executive:
“We are excited to support Crypto.com’s strategic activities in Asia Pacific. Our strong track record of serving clients in the new global economy, combined with our commitment to innovation and our extensive global network, positions us favorably to help Crypto.com achieve its long-term growth ambitions. »
Kriti Jain, Head of New Economy Corporate Coverage for APAC (Asia Pacific) and Cash Sales for APAC and MEA (Middle East and Africa) for Deutsche Bank – Source: Financial Resources
On the sideexchangewe are also of course pleased with the news and emphasize on security and compliance what such an institution brings:
“This is a key relationship for us and further underscores our commitment to safety and compliance. Working with one of the world’s leading financial services providers further strengthens our already strong global presence and we are excited to build on this momentum with the support of Deutsche Bank. »
Karl Mohan, Managing Director APAC and MEA and Global Head of Banking Partnerships for Crypto.com – Source: Financial Resources
As part of this cooperationthe German bank will therefore provide corporate banking services on behalf of the platform in Singapore, Australia and Hong Kong, “ with plans for increased support in the future »we can read in the press release.
This partnership demonstrates the dynamism of certain European forces determined to embrace technological innovation, even as some on the old continent continue to cry foul in the face of the so-called lack of user protection. There are definitely two rooms, two atmospheres on both sides of the Rhine.