(29 September 2025 – Europe) Deutsche Bank has completed its first euro-denominated cross-border payment on Partior’s blockchain-based settlement platform, with DBS Bank acting as beneficiary.
Partior, a bank-backed fintech, provides a ledger-based system for real-time clearing and settlement. Deutsche Bank invested $20 million in the firm last year before signing a partnership in May to deliver secure, scalable settlement services.
Working with Partior founding shareholder DBS, the banks ensured the blockchain network was interoperable with traditional payment rails, enabling smooth execution across financial market infrastructures.
“We envisage a future using multiple rails, be it Swift, Stablecoins, or blockchain-based solutions, where intelligent and negotiated routing produces maximum value in terms of processing efficiency, cost and client experience,” said Ciaran Byrne, head of product management, institutional cash management at Deutsche Bank.
He added: “Blockchain is clearly gaining traction in the industry and will form an integral component of how we service our FI clients. Through our partnership with Partior, we will offer clients a whole new experience in terms of real-time execution.”