Successfully launching an institutional digital asset custody offering in Germany
With assets under custody of more than EUR 300 billion, DZ BANK is the third-largest depositary in Germany and the largest among German depositaries.
Taking a top-tier bank live in less than ten months
Goal
DZ BANK wanted to be one of the first banks in Germany to build and launch a secure and versatile digital asset custody platform, serving its institutional clients with services such as custody, issuance and settlement of digital assets, focusing on crypto securities according to the German securities law.
Solution
DZ BANK decided it is best to leverage the institutional-standard custody platform, Metaco Harmonize™. The decision came after an extensive proof-of-concept and diligence process that evaluated the platform, which concluded that Harmonize is perfectly aligned with DZ BANK’s requirements around security, scalability and optionality for adapting fast to any changes in the future.
Watch the video interview
Dr. Holger Meffert – Head of Securities Services and Digital Custody at DZ BANK and Kolja Gerlach – Project Lead Digital Custody at DZ BANK speak about the bank's strategic vision behind launching a digital asset custody platform, underpinned by Metaco’s technology infrastructure.
DZ BANK | Custody Case Study | Metaco
Learn more
Press release: Metaco Harmonize™ Underpins DZ BANK’s Digital Asset Custody Solution
