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UniCredit Seeks Partners for Crypto Trading, Custody and Tokenized Investment Infrastructure

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Summary

  • Italy’s second-largest bank UniCredit is seeking partners to build infrastructure for cryptocurrency trading, custody and tokenized investment products.
  • UniCredit is reviewing partnerships with external firms that can support crypto-related services.
  • The review includes cryptocurrency trading and custody as well as tokenized investment infrastructure for real-world and financial assets, but the bank has not disclosed specific plans such as a service launch timeline.

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Italy’s second-largest bank, UniCredit, is seeking partners to build infrastructure for cryptocurrency trading, custody and tokenized investment products, Cointelegraph reported on September 11.

UniCredit is reviewing partnerships with external firms that can support crypto-related services, according to the crypto-focused media outlet.

The review includes not only cryptocurrency trading and custody, but also tokenized investment infrastructure for issuing and managing real-world and financial assets on blockchain.

The bank did not disclose specific plans, including potential partners or a timeline for launching the services.

Photo: Shutterstock
Photo: Shutterstock

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