The German unit, approved by BaFin, will offer institutional crypto custody and trading across the EU and executed a blockchain-based smart derivatives trade with DZ BANK.
Hauck Aufhäuser Digital Custody, ABN AMRO’s German subsidiary, has received EU Markets in Crypto-Assets Regulation (MiCAR) authorization from Germany’s BaFin, enabling it to provide cryptocurrency custody and trading services for institutional clients and expand operations throughout EU member states. Concurrently, ABN AMRO conducted a 10-day blockchain-based smart derivative contract trade with DZ BANK, marking a further step in blockchain integration for financial services.