Deutsche Bank is preparing to launch a digital asset custody service tailored for institutional clients, including corporations, asset managers, and hedge funds. The service will initially support Bitcoin, ether, USDC, EURC, and EURAU.
The bank plans to roll out the offering in Germany within weeks, pending regulatory approvals, with subsequent expansion across Europe. The service aims to provide institutional investors with a regulated path to hold digital assets.
JPMorgan’s blockchain division, Kinexys, migrated its JPM Coin to the Ethereum mainnet on October 19, 2026. This move facilitates on-chain payments and peer-to-peer transfers within the Ethereum ecosystem.
JPM Coin now operates alongside JPMorgan’s tokenized money-market funds, which were introduced in December 2025 and May 2026. Kinexys has processed over $4 trillion in transactions to date.
As of October 2026, Kinexys maintains an average daily transaction volume of approximately $7 billion. Neither announcement triggered an immediate price reaction for ether.
