Clearstream to Offer Crypto Access
Posted by Colin Lambert. Last updated: March 16, 2025
Deutsche Börse Group’s post-trade business, Clearstream, has enhanced its custody service by starting to provide access to crypto assets, in association with sister company Crypto Finance as sub-custodian.
The offering is expected to be launched in April this year, and follows Crypto Finance obtaining a MiCAR license in January, enabling the company to serve clients across Europe while solidifying its regulatory compliance.
“Offering crypto custody is the next step on Clearstream’s journey to digitise financial markets,” says Jens Hachmeister, head of issuer services and new digital markets at Clearstream. “The institutional-grade, regulatory compliant solution offers clients access to new asset classes while enjoying the best features of our trusted and established post-trading systems.”
The firms claim they are setting “a new standard for the management of crypto assets” and that the collaboration “marks another milestone in the development of harmonised digital financial markets and highlights Deutsche Börse Group’s aim of balancing innovation with security”.
“This offering [means] Deutsche Börse Group now not only covers native services via direct interface, but also leverages traditional rails that are implemented with most financial market participants, meaning a very convenient offering to any financial institution who wishes to enter the crypto industry,” says Stijn Vander Straeten, CEO Crypto Finance Group.
The offering will launch supporting the two largest cryptocurrencies, bitcoin and ethereum, but Clearstream says further expansion into other crypto currencies will be considered, depending upon client demand.
