Singapore-based cryptocurrency exchange company Crypto.com has tapped German lender Deutsche Bank (DB) to provide its corporate banking services for Crypto.com in Singapore, Australia and Hong Kong.

The partnership, the crypto platform notes, will allow seamless corporate banking capability, enhanced efficiency and establish a strong banking foundation in the region.

“This is a momentous relationship for us and further highlights our commitment to security and compliance,” says Karl Mohan, the platform’s general manager for Asia-Pacific, and the Middle East and Africa (MEA) and its global head of banking partnerships. “Teaming up with one of the world’s leading financial services providers further cements our, already strong, presence globally.”

Kriti Jain, DB’s head of new economy corporate coverage in Asia-Pacific and cash sales for Asia-Pacific and MEA, adds: “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.”