Clearstream, the post-trading division of Deutsche Börse, will offer settlement and custody services for cryptocurrencies to institutional clients starting next month, according to Bloomberg.

The company will begin with Bitcoin and Ethereum, leveraging the infrastructure of its subsidiary Crypto Finance. In the future, Clearstream plans to expand support to other cryptocurrencies and introduce services such as staking, lending, and brokerage operations.

According to Jens Hachmeister, a representative of Clearstream, the company’s goal is to create a comprehensive solution for custody, trading, and settlement. In the future, the framework may include support for stablecoins and tokenized assets.

The new services will be integrated into existing Clearstream Banking SA client accounts, making cryptocurrency operations more accessible.

Crypto Finance CEO Stijn Vander Straeten highlighted the strong demand for such services. He noted that the company began developing this offering a year ago, when interest in digital assets was relatively low. The new service will also help banks reduce costs associated with building their own crypto teams, which can amount to up to €5 million per year.

Clearstream is one of Europe’s largest post-trading firms. As of January 2025, its assets under custody amounted to approximately €20 trillion.

Previously, in September 2024, CoinDesk reported that Commerzbank, in partnership with Crypto Finance, planned to offer corporate clients cryptocurrency trading and custody services.