Deutsche Bank on Wednesday (Nov. 11) made its digital asset custody service available to paying clients.

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That’s per a report from Reuters, which noted this is happening as banks in Europe demonstrate more openness to digital markets.

The bank in September announced it planned a custody service for institutional and corporate clients in Europe, pending approval from regulators. Deutsche bank said at the time that this business would support the safekeeping and storage of digital assets such as bitcoin and ether, the Reuters report added.

“In the medium term, we aim to deliver a fully integrated, regulated ecosystem that supports the custody, tokenization, and settlement of digital assets,” said Paul Maley, global head of trust and securities services at Deutsche Bank.

In other digital asset news, PYMNTS wrote earlier this week about the edge banks could hold when it comes to stablecoin payments.

“Stablecoins are coming for corporate banking,” that report said. “However, headlines this week showed that the cryptocurrency companies behind them are finding that the fastest way in may be through traditional banks themselves. Rather than persuading companies to replace conventional banking relationships, stablecoin providers are embedding themselves inside those relationships.”

Among those headlines were PNC Bank’s announcement of its expanded partnership with Coinbase , designed to let eligible corporate clients receive payments in USDC that are automatically converted into dollars and deposited into their accounts.

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