The companies indicated plans to expand their partnership to the United Kingdom and other European countries in the coming months.
Cryptocurrency exchange Crypto.com has announced a new partnership with Deutsche Bank to provide corporate banking services across Asian-Pacific markets, covering regions such as Singapore, Australia, and Hong Kong.
Deutsche Bank offers digital assets custody, fiat-to-crypto exchange, and cross-border trading services to crypto firms, among other banking services. The companies hinted at broadening their partnership to the United Kingdom and European countries in the coming months.
Crypto.com is based in Singapore and has been actively expanding its reach in the Asian-Pacific region. In November, the exchange acquired the Australian brokerage and trading company Fintek Securities, allowing the offer of traditional financial products to users in the country through a regulated platform.