German Savings Banks Begin Crypto Trading Rollout Inside Sparkassen App

Germany’s Sparkassen savings-bank group is beginning a phased cryptocurrency-trading rollout inside its existing banking app, taking an asset class it once treated cautiously into a familiar retail-finance setting. TL;DR: The first participating Sparkassen banks are offering crypto trading from October 19. The rollout is gradual, with 30 to 40 institutions expected to join each month, and is handled through DekaBank. There is no national switch that turns the service on for every customer at once. Each regional savings bank decides when to participate. The group’s association told German news agency dpa that the opening selection includes Bitcoin, Ethereum, XRP, Solana and Polygon, with a substantial number of interested institutions expected to be connected during the first half of 2027. DekaBank is providing the service with Börse Stuttgart involved in custody arrangements. Customers can access the product through the Sparkassen app instead of creating a separate account at a crypto exchange. That convenience is central to the strategy, but the banks say the product is intended for customers making their own trading decisions rather than for a mass marketing drive. The cautious m