Deutsche Bank, one of the world’s leading financial service providers, has announced a partnership with Austrian fintech company and crypto broker Bitpanda. The collaboration aims to offer customers real-time payment solutions for asset transactions. Initially, this service will be exclusively available to German customers. The partnership is significant for the crypto space, as Bitpanda becomes the first crypto platform to partner with a major international bank for real-time payment services. While Deutsche Bank will not be involved in transferring customers’ crypto, it will support Bitpanda’s treasury and payment processes, facilitating the movement of funds in and out of portfolios. The bank’s global head of cash management, Ole Matthiessen, emphasizes their cautious approach, stating that they only work with selective partners and clients who demonstrate strong compliance processes and operate in a regulated environment. Deutsche Bank’s global head of merchant solutions, Kilian Thalhammer, highlights their goal of becoming the preferred bank for high-potential platforms in the crypto investing space. Investors are advised to conduct their own research and exercise caution when engaging in high-risk investments in Bitcoin, cryptocurrency, or digital assets.