One of the world’s leading financial service providers is teaming up with Crypto.com in the Asia-Pacific (APAC) region.
According to a new Crypto.com announcement, Deutsche Bank is becoming the crypto exchange’s corporate banking partner in Singapore, Australia, and Hong Kong.
Says Karl Mohan, Crypto.com General Manager APAC and MEA and Global Head of Banking Partnerships, of the Deutsche Bank partnership,
“This is a momentous relationship for us and further highlights our commitment to security and compliance.
Teaming up with one of the world’s leading financial services providers further cements our, already strong, presence globally and we are excited to build on this with the support of Deutsche Bank.”
According to the press release, Deutsche Bank will support Crypto.com’s daily financial necessities, from payroll to vendor payments to treasury management.
Says Kriti Jain, Head of New Economy Corporate Coverage for APAC and Cash Sales for APAC & MEA for Deutsche Bank, of the new partnership with Crypto.com,
“We are delighted to support Crypto.com’s strategic businesses in Asia Pacific.
Our strong track record with serving global new economy clients, combined with our commitment to innovation and broad global network position us strongly to help Crypto.com with its long-term growth ambitions.”
Last month, Crypto.com rolled out credit cards and other financial services.
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Daily Hodl Staff
https://dailyhodl.com/2024/12/10/deutsche-bank-to-provide-corporate-banking-services-to-crypto-com-in-new-partnership/
2024-12-10 19:41:26
