ETH custody and trading for retail customers in Türkiye (Garanti BBVA Kripto)
Garanti BBVA set up Garanti BBVA Kripto in July 2023 and keeps its customers' keys on Ripple Custody and IBM technology. Forbes Türkiye reported that it held crypto for customers for six months, tested trading from January 2024 and opened bitcoin and ETH trading to all its customers from June 2024, when BBVA said custody was open to every customer of the Garanti BBVA Kripto app. This is custody of ETH itself, not tokenization.
In the record
28
Months since it was first seen
31
Institutions of its kind in the record
Other bank deployments
- BW-Bank (LBBW)Spot ETH trading for retail clientsSeptember 2026
- Standard CharteredDeliverable ETH spot trading for institutional clients in the UAE (Standard Chartered DIFC)September 2026
- Banque Delubac & CieETH staking for bank clientsJuly 2026
- Morgan StanleySpot ETH trading for retail clients on E*TRADEJuly 2026