German bank DekaBank has opened doors to the institutional cryptocurrency market, exclusively catering to institutional clients. The move excludes retail investors, with DekaBank’s parent Sparkassen group still evaluating their strategy for private customers in crypto trading, according to Bloomberg. DekaBank secured a crypto custody license from both the European Central Bank and Germany’s BaFin, positioning itself as a secure choice for institutions seeking crypto services. DekaBank’s Martin K. Müller highlighted the bank’s experience, licenses, and tested infrastructure ready to handle institutional crypto trading.