07:22 AM EDT, 07/01/2025 (MT Newswires) -- Deutsche Bank ( DB ) has chosen Bitpanda's technology unit to help develop its digital asset custody service, Bloomberg reported Tuesday, citing sources familiar with the matter.

However, the report said the bank's corporate division, which first outlined custody plans in 2022, will continue working with Swiss tech firm Taurus on the service.

Deutsche Bank ( DB ) is also exploring the possibility of launching its own tokenized deposit system for payment use, Bloomberg said.

Deutsche Bank ( DB ) declined MT Newswires' request for comment.

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