Deutsche Bank has switched on its digital asset custody service for paying clients, the German lender said Wednesday, letting institutions and corporations in Europe hold bitcoin with the country’s largest bank less than two months after it first unveiled the plan.

The bank announced the service on Sept. 16, saying it would go live with first clients this year once regulators signed off. It now supports bitcoin and ether, along with the USDC, EURC and EURAU stablecoins, according to its product page.

Under the setup, Deutsche Bank manages the wallets and private keys on behalf of clients, who can store the assets and transfer them to third parties. The bank pitched that as a way for clients to skip building and maintaining their own custody infrastructure.

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

The bank did not name its first clients, say how many have signed up or disclose what it charges to hold the coins. The service is aimed at institutional and corporate clients, not retail customers.

The product page describes private keys stored in hardware security modules, a choice of warm and cold storage, multi-factor authentication, segregation of client assets and a customizable approval process for client transfers. Clients reach the service through Autobahn, Deutsche Bank’s multi-channel gateway, or its Corporate Bank portal.

The service is booked out of Deutsche Bank AG in Frankfurt and is available in Germany, with cross-border servicing across Europe through passporting.

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