Bison is strengthening its banking options by adding Germany's largest bank as a partner to protect customer balances.

On January 13, Bison, a cryptocurrency trading platform operated by Boerse Stuttgart Group, revealed that Deutsche Bank had joined as a new banking partner, diversifying its banking relationships and marking the entry of Germany's largest bank into the role of protecting euro deposits on foreign currencies. The platform. Solaris SE, which has been a key partner for some time, will retain its role alongside Deutsche Bank.

Recognized as the sixth largest stock exchange group in Europe, Stuttgart Stock Exchange operates with a focus on several strategic areas. These include businesses and projects in capital markets in the digital and crypto sectors

The collaboration requires users to update the Bison app to version 4.4.0, accept revised terms and conditions, and agree to hold their euro balances in an escrow account managed by Deutsche Bank.

Bisson explained that these changes will not affect fees, transaction limits, or deposit and withdrawal speed. Users can continue to access their balances without interruption, and their current IBAN details remain unchanged. Deposits will remain protected by statutory insurance, providing coverage of up to €100,000 per depositor and bank.

Deutsche Bank's latest activities in the field of cryptocurrency services include December 2024 partnership With Crypto.com, which provides banking support to businesses in Asia Pacific regions such as Singapore, Australia and Hong Kong.

In addition, Deutsche Bank is participating in the Dama 2 project, an initiative of the Monetary Authority of Singapore Project keeper. The program includes 24 financial institutions exploring the use of blockchain to tokenize assets.