Charles Schwab expands crypto trading to all US retail clients; Deutsche Bank launches digital-asset custody for Bitcoin and Ethereum with plans for Asian expansion.
Macro & Markets ·
Charles Schwab has made its cryptocurrency trading platform available to all eligible US retail customers, enabling them to buy and sell digital assets directly within accounts that also hold stocks and bonds. Concurrently, Deutsche Bank is launching institutional custody for Bitcoin and Ethereum in Germany within weeks, with plans to add stablecoin services and expand into Asian markets next year. The dual expansion marks a significant institutional push into digital assets, with Schwab leveraging its $12 trillion in client assets for retail adoption and Deutsche Bank targeting institutional demand across multiple continents.