Cecabank Launches Regulated Crypto Custody Service for Banks

Highlights:

• Cecabank launched a regulated crypto custody service to help financial institutions enter the digital asset market.
• Renta 4 Banco became the first client and will use the service for crypto trading.
• Bit2Me will handle trade execution, while Cecabank will provide secure custody under MiCA rules.

Spanish bank Cecabank announced on Tuesday that it has launched a new cryptocurrency custody service for financial institutions. The bank’s first client for this service is Renta 4 Banco, which will use the platform to offer cryptocurrency trading to its own customers. 

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The service combines Cecabank’s secure custody system with Bit2Me’s trading technology. Bit2Me is a licensed Crypto-Asset Service Provider, or CASP. It will handle crypto buy and sell orders. Cecabank will safely hold the digital assets, while Bit2Me will manage the trading process. This partnership makes it easier for traditional banks to enter the crypto market. They can offer crypto services without building complex systems themselves.

🔥 New TradFi entry into crypto custody.

Cecabank, a Spanish securities services bank, just launched a crypto asset custody service for institutional clients. pic.twitter.com/eXeMx1y0d1

— The Moon Show (@TheMoonShow) June 11, 2026

A Regulated Path for Banks Entering Crypto

The bank received a MiCA license from Spain’s CNMV in July last year. MiCA, or Markets in Crypto-Assets, is the European Union’s main regulatory framework for digital assets. The license allows Cecabank to provide crypto custody, order handling, and digital asset transfer services. It also made Cecabank the first business-to-business crypto custodian in Spain to receive this authorization.

Cecabank was also registered as a Crypto-Asset Service Provider, or CASP, with the Bank of Spain. This registration allows the bank to provide approved crypto services under EU rules. The bank has also started the passporting process for Ireland, Portugal, and Luxembourg. Passporting allows regulated firms to expand their services across the EU without applying for a separate license in each country. 

Cecabank and Bit2Me See Strong Demand for Regulated Crypto Services

Aurora Cuadros, Corporate Director of Securities Services at Cecabank, said the launch is a natural step for the bank. “As a benchmark provider of custody services in the traditional space, at Cecabank we are taking a natural step by transferring our experience and our standards to the world of digital assets,” she said.

Cuadros added that Cecabank has built its model around a strong ecosystem of global providers. She said this approach allows the bank to support clients such as Renta 4 Banco with a complete solution. The goal is to help financial institutions offer cryptocurrency trading services to their own customers with strong safeguards and regulatory guarantees.

She added that the model helps institutions adopt crypto services without building complex tech systems. “Furthermore, we make it easier for institutions to incorporate these services without assuming operational and technological complexity, within a fully regulated environment that reinforces security and trust to advance in the crypto-asset field.”

Gabriel Ayala, Director of Banking Solutions at Bit2Me, said the partnership is important for the company’s institutional crypto strategy. He said the launch with Cecabank and Renta 4 Banco supports the model Bit2Me has been building. This model focuses on institutional-grade crypto infrastructure that integrates with standard banking systems and aligns with the MiCA framework. 

Ayala also said the partnership shows that Spain is becoming a leading market for the real integration of digital assets into Europe’s financial sector.

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