Deutsche Börse’s Crypto Unit Launches Connected Custody Settlement for Institutions

The new service enables institutional clients to trade across exchanges while securely maintaining assets in custody.

Summary

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Terms & Concepts
  • Custody: A service that stores and safeguards investors' digital assets, often provided by regulated financial institutions.
  • Settlement: The process of finalizing a trade by transferring the exchanged assets between parties.
  • Connected Custody Settlement: A system enabling institutions to trade across multiple exchanges while keeping assets secure with a custodian.