Deutsche Bank has conducted its first euro-denominated cross-border payment via Partior’s blockchain platform. Deutsche Bank acted as the settlement bank on the platform, with DBS as the beneficiary bank.

As one of the largest clearing banks in the industry, Deutsche Bank invested in Partior in 2024 and finalized the platform agreement in May 2025 to deliver real-time, secure, and scalable settlement. The bank says the live transaction marks a milestone for the future of cross-border payment solutions it offers to financial institution ( FI ) clients.

Also, Deutsche Bank and DBS – a founding shareholder of Partior – collaborated to ensure that the blockchain network was interoperable with traditional rails. This enabled the payment to be executed across different financial market infrastructures, demonstrating the potential of blockchain technology to complement existing rails.

Commenting on the transaction, Ciaran Byrne, head of product management, institutional cash management, at Deutsche Bank, says: “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. 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.”

Partior chief executive officer Humphrey Valenbreder adds: “In a very short timeframe, we have proven that our new rails create real, live business opportunities for our partners and their clients. By enabling real-time settlement in addition to the messaging, combined with the security and finality that global systemically important banks require, we are creating new possibilities for how value moves across borders – innovation that can benefit the financial ecosystem at large.”