Germany's LBBW Bank to Offer Crypto Custody Through Bitpanda Partnership

• Germany's largest federal bank, LBBW, to offer crypto custody services through partnership with Bitpanda • Market launch planned for 2nd half of 2024, initially offering services to corporate clients • LBBW to provide "Investment-as-a-Service" infrastructure to store and procure cryptocurrencies like BTC and ETH • Partnership aims to meet rising corporate customer demand for digital assets and crypto solutions • LBBW believes crypto will become building block for future business models and wants to support corporate crypto strategies early on