Cointime update: Deutsche Bank launched its Digital Asset Custody service on Nov. 11, letting clients hold BTC, ETH, USDC, EURC and EURAU and transfer them to other institutions. The bank also signed a memorandum of understanding with asset manager DWS to explore custody, settlement, liquidity management and distribution for tokenized money market funds, crypto ETCs and stablecoins on the platform. DWS chief product officer Manfred Bauer said the firm plans to launch a tokenized money market fund.
Deutsche Bank, DWS Sign MoU to Explore Tokenized Money Market Funds
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