Bitcoin Group Is Said to Weigh Bid for 268-Year-Old German Bank

Bitcoin Group SE is weighing a bid for Bankhaus von der Heydt, the 268-year-old German bank that’s stumbled with its own moves into cryptocurrencies and digital assets, people familiar with the matter said.

Founded in 1754, Munich-based Bankhaus von der Heydt has been talking to potential buyers after a deal to sell itself to crypto-derivatives exchange BitMEX fell through, the people said. A sale may value the bank at around €20 million ($19.6 million), the people said, asking not to be identified discussing confidential information.

Bitcoin Group is a Germany-based crypto and blockchain investor that owns futurum bank AG …