Clearstream Expands Crypto Custody with Six New Assets

Clearstream, the post-trade services arm of Deutsche Börse Group, has expanded its cryptocurrency custody offering to include six additional digital assets. The move allows institutional clients to gain regulated exposure to a wider range of cryptocurrencies.

The new additions, Ripple (XRP), Cardano (ADA), Solana (SOL), Litecoin (LTC), Stellar (XLM) and Avalanche (AVAX), join Bitcoin and Ether, which were already supported under Clearstream’s fully regulated crypto custody service launched last year.

The expanded offering operates in compliance with the European Union's Markets in Crypto-Assets regulation framework. This is ensured through Crypto Finance as sub-custodian, a MiCAR-regulated entity within the Deutsche Börse Group.

Clearstream stated that the expansion caters to the 'growing importance of MiCA-compliant crypto assets in institutional finance' and aims to bridge the gap between traditional financial infrastructure and the crypto asset world.