Search results for DWS
Crypto
Deutsche Bank launches digital asset custody service
Deutsche Bank has launched a digital asset custody service and signed an agreement with DWS to develop tokenised financial products, The Block reported. The bank previously announced plans to offer custody of bitcoin, ether, USDC, EURC and EURAU to corporate and institutional clients in Europe. Clients can deposit the assets and transfer them elsewhere, while Deutsche Bank manages wallets and private keys. The initiative builds on work with Taurus since 2023.
AI & Enterprise
LG CNS named major player in IDC digital workplace vendor assessment
LG CNS said on Oct. 19 it was named a “Major Player” in IDC’s “2026 Worldwide Digital Workplace Services Vendor Assessment.” The assessment covered 18 global IT companies, and LG CNS was the only South Korean company included. IDC cited strengths including AI-native platform capabilities, expertise in security and network separation environments, and delivery capabilities spanning consulting through deployment and operations.
Crypto
AllUnity to issue SEKAU Swedish krona-pegged stablecoin
AllUnity, a European regulated stablecoin issuer backed by DWS, Flow Traders and Galaxy, will issue SEKAU, a stablecoin pegged to the Swedish krona. SEKAU will be backed 1:1 by Swedish krona reserves and issued as a regulated e-money token under the EU’s Markets in Crypto-Assets Regulation (MiCA). Holders will have a legal right to redeem at par. The token is designed for institutions, fintechs and corporates, with a June launch planned.