Germany’s largest state-backed lender, Landesbank Baden-Württemberg (LBBW), plans to introduce cryptocurrency services alongside its traditional banking offerings. Teaming up with Bitpanda, LBBW aims to launch its crypto custody service in late 2024, responding to increasing demand for digital assets. LBBW executives foresee crypto’s long-term role in business and aim to support corporate clients with tailored crypto strategies, facilitated by Bitpanda’s technology solutions.
Germany’s Largest Federal Lender LBBW Ventures Into Crypto Custody, Targets Mid-2024 Launch
