Commerzbank Expands into Cryptocurrency Trading

Commerzbank, Germany's second-largest bank by branch count, has partnered with Crypto Finance to offer Bitcoin and Ether trading services to its corporate clients. This move marks a significant step in the integration of digital assets into traditional banking services.

• Commerzbank partners with Crypto Finance to offer crypto trading to corporate clients.
• The service will initially focus on Bitcoin and Ether trading for German-based clients.
• Commerzbank will provide custody services, leveraging its recently acquired crypto custody license.
• This move follows a similar agreement between Crypto Finance and Zürcher Kantonalbank.

This development comes shortly after Crypto Finance, a subsidiary of Germany's largest stock exchange operator, reached a similar agreement with Switzerland's Zürcher Kantonalbank. It underscores the growing interest in cryptocurrency services among traditional financial institutions.