On September 19, CoinDesk reported that Crypto Finance, a subsidiary of Germany’s largest stock exchange operator, signed an agreement with Commerzbank to provide trading services to the bank’s corporate clients. This agreement came just two weeks after Crypto Finance reached a similar agreement with Switzerland’s Zürcher Kantonalbank.
Commerzbank, Germany’s second-largest bank by number of branches, said in a press release Thursday that it will offer custody services. The trading service, offered by a subsidiary of Deutsche Boerse, will be available to clients in Germany and will initially focus on trading two major cryptocurrencies: Bitcoin (BTC) and Ethereum (ETH).