German Commercial Bank to Offer Bitcoin and Ethereum Trading Through Crypto Finance
On September 19th, according to CoinDesk, Crypto Finance, a subsidiary of Germany's largest stock exchange operator, signed an agreement with Commerzbank, Germany's second-largest bank by branch count, to provide trading services for the bank's corporate clients. This agreement comes just two weeks after Crypto Finance reached a similar agreement with Switzerland's Zürcher Kantonalbank.
Commerzbank stated in a press release on Thursday that it will provide custody services. The trading services provided by the Deutsche Boerse subsidiary will be offered to clients within Germany and will initially focus on trading two major cryptocurrencies: Bitcoin (BTC) and Ethereum (ETH).