'@DeutscheBank has applied to become a crypto custodian in Germany after first announcing plans to explore the space in 2021. ' -Coindesk
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has applied to become a crypto custodian in Germany, following its announcement to explore the crypto space in 2021.
June 20, 2023 | 5:47 pm
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POSITIVE IMPACT
Deutsche Bank's application to become a crypto custodian in Germany may positively impact its stock price in the short term.
Deutsche Bank's application to become a crypto custodian demonstrates its commitment to expanding its services in the growing crypto market. This move may attract new clients and generate additional revenue, which could positively impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100