DZ Bank’s Official Entry into the Crypto Market

Thanks to the MiCAR approval granted by BaFin, DZ Bank will be able to operate under crypto regulations that are valid across the European Union. This authorization also paves the way for member banks within the cooperative banking group to offer crypto trading services to their retail customers. According to DZ Bank’s statement, the “meinKrypto” platform will be launched soon and will initially support a limited number of crypto assets.

The crypto assets supported in the first phase have been announced as follows:

• Bitcoin (BTC)
• Ethereum (ETH)
• Litecoin (LTC)
• Cardano (ADA)

The service will be offered on an optional basis by cooperative banks. Each bank will decide independently, based on its own strategy, whether to make this solution available to its customers.

Technical Infrastructure and Security Details

The “meinKrypto” platform was developed jointly by DZ Bank and Atruvia, the IT service provider of the cooperative financial group. The technical setup is structured as follows:

• Custody service: Boerse Stuttgart Digital
• Trading infrastructure: EUWAX AG
• Usage method: Wallet integrated into the VR Banking App

The platform will be available exclusively to self-directed retail investors and will not be offered as part of personalized investment advisory services. DZ Bank emphasized that the MiCAR regulation, which provides a unified legal framework for crypto assets across the European Union, establishes clear and secure rules for financial institutions. It was also noted that cooperative banks wishing to use “meinKrypto” must submit a separate MiCAR notification to BaFin.

A New Era for Banking and Crypto in Germany

According to a study published by Genoverband in September 2025, more than one-third of cooperative banks in Germany plan to implement this crypto solution in the near future. This outlook indicates that traditional banking and crypto assets will become increasingly integrated in Germany. DZ Bank’s receipt of MiCAR authorization to establish a crypto platform stands out as a significant milestone in European banks’ approach to digital assets.

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According to a statement by Souad Benkredda, a member of the bank’s management board, DZ Bank plans to offer a variety of digital currencies to its customers as the central hub for around 700 cooperative financial institutions. Benkredda also said that the service will be aimed specifically at customers who are able to make their own investment decisions and will not include any investment advice.

In addition, a study by Genoverband, an organization that audits and advises over 2,500 cooperative institutions, found that half of banks want to offer such a solution to their customers. However, Benkredda stressed that each institution will make an independent decision on this matter.

The Frankfurt-based financial giant, which has assets under management of $627 billion, launched a crypto custody service in November 2022. This step came a few months after the bank announced that it would use Metaco’s technological infrastructure to offer services related to cryptocurrencies.

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