Danske Bank Embraces Bitcoin After Years Of Resistance

Denmark-based Danske Bank will now allow customers to invest in cryptocurrency-linked products tied to Bitcoin, marking a shift for Denmark’s largest lender after years of resistance to the asset class.

The bank said customers using Danske eBanking and Danske Mobile Banking can now gain exposure through exchange traded products, or ETPs, that track the performance of Bitcoin or Ethereum. The offering includes three products at launch, with two linked to Bitcoin and one linked to Ethereum.

Danske Bank framed the move as a response to growing customer demand for access to digital asset markets through traditional financial channels. The bank said the products are intended for…

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