Posted 12/11/2023, 8:00:00 AM
Italian Crypto Wallet Conio Partners with Coinbase to Bring Digital Assets to Banks
- Conio, an Italian crypto wallet company, has partnered with Coinbase to bring digital assets to Italian banks and institutions
- Conio has over 400,000 customers and is working with Coinbase Prime to provide liquidity and support for up to 50 tokens
- There is growing confidence in crypto among European banks driven by regulation and interest in areas like tokenization
- Conio is enlarging custody capabilities as Italian banks demand more digital assets, targeting coverage of 60% of the market
- Conio is involved in the Euro Token project with the Bank of Italy, which is championing the Italian digital assets space