Germany's second-largest bank, DZ Bank, announced in a press release on Thursday that it will partner with Boerse Stuttgart Digital to provide cryptocurrency services to its 700 partner banks. The bank will offer cryptocurrency trading and custody services to its partner banks, enabling them to provide digital assets to their retail clients. Boerse Stuttgart Digital said technical and operational preparations have already begun, with the first banks to be onboarded this year, and a phased rollout and testing will be conducted for select retail customers. Matthias Voelkel, CEO of the Boerse Stuttgart Group, said: "We provide Boerse Stuttgart Digital's proven and fully regulated crypto trading and custody infrastructure to financial institutions across Europe." The Frankfurt-based bank, which manages $627 billion in assets, launched a cryptocurrency custody platform last November. (CoinDesk)