Deutsche Bank switches on crypto custody in Europe as tokenized products pile up

Deutsche Bank opened its digital-asset custody service to corporate and institutional customers in Europe, supporting Bitcoin, Ethereum, USDC, EURC and EURAU. The bank keeps wallets and private keys on clients' behalf and lets them transfer assets to other parties. It also inked a deal with Deutsche Asset Management to explore tokenized money-market funds, crypto-linked exchange-traded commodities and stablecoins.

OKXICE, the venture from OKX and NYSE parent Intercontinental Exchange, says it will start trading November 23 for eligible U.S. customers. The lineup is expected to include securities tied to Coinbase, Circle and Strategy, plus 59 Direxion ETFs. It plans to run under the SEC's temporary Innovation Exemption, with verified users trading through the OKX app.

Payward rolled out tokenized exposure to more than 200 UK- and EU-listed companies through xStocks, pushing the framework past 1,500 assets. Each new token is backed by a matching share held with a regulated custodian, distributed via Kraken and partner platforms. Access didn't widen: xStocks stay off-limits to UK investors and U.S. persons.

Binance said Convert and Buy/Sell now handle bStocks trades across up to 49 fiat currencies, depending on region. Customers can buy and sell back into fiat without swapping into crypto first, though a bStock doesn't hand them ownership of the underlying shares. Binance also set perpetual futures on Nu Holdings and Freedom Holding for November 12, with NUUSDT at 09:30 UTC and FRHCUSDT at 09:45 UTC, up to 20x leverage in USDT.

Apex Group joined the Hedera Council, bringing a firm that services more than $3.5 trillion in assets into the network's governing body. Apex will study using Hedera for tokenization work including compliance records, asset administration and settlement, with no transfer of its serviced assets announced. Pyth, meanwhile, added NYSE BQT to its data marketplace, feeding quotes and trades from the NYSE Group's five equity exchanges into financial apps, with customers needing a direct NYSE license first.

ZIG Finance and Nomura subsidiary Laser Digital unveiled the zEMS Vault, targeting a $100 million raise for exposure to Saudi small-business loans, with Laser Digital advising on risk and KAIO running tokenization on BNB Chain. In Asia, Concrete partnered with Fypher and ether.fi to tie the planned fyUSD stablecoin to vault infrastructure, eyeing an initial $10 million mint and naming ether.fi as main depositor. Across said it reclaimed its domain and restored operations after attackers social-engineered its registrar to send visitors to a phishing site, and promised compensation without giving loss or victim figures. ChangeNOW locked in an exclusive CoolWallet swap deal for trades where Bitcoin is sent or received, running November 10, 2026 through January 10, 2027 on CoolWallet Pro and Go devices.