German securities processing giant has announced the launch of its new platform that enables 1,200 affiliated banks to offer Bitcoin trading.
Highlights
- Deutsche WertpapierService Bank AG (dWPbank) has announced the launch of its new platform, wpNex, that enables 1,200 affiliated banks to offer Bitcoin trading to its retail customers.
- DZ Bank plans to offer a Bitcoin option for its customers by the end of the year, which can be seen as a solid step for Bitcoin establishment in Germany.
- The move will potentially put pressure on other German banks and financial institutions to meet the growing demand for convenient access to crypto trading and investing.
- The company has also clarified that other digital assets like tokenized securities will be added in the near future.
- In a tweet on March 24, Patrick Hansen, a crypto-focused company behind the USDC stablecoin, said the move is ‘great news for Bitcoin’s adoption
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