Germany’s DZ Bank has partnered with Westerwald Bank to launch crypto wallets and trading services. This signals the start of a bigger project under DZ Bank to provide digital asset solutions to around 737 community banks.

The cooperation seeks to provide retail consumers with a safe and regulated infrastructure allowing access to cryptos, including Ethereum and Bitcoin. Already underway is the first phase of the rollout, when Westerwald Bank successfully runs test transactions using the new crypto wallets.