Italy’s Conio Taps Coinbase to Advance Crypto Integration across Banks

Italy’s fintech giant, Conio, has partnered with
Coinbase to boost its presence in Italy’s digital asset market, particularly
for banks and financial institutions. Conio, partially owned by Poste Italiane
and Banca Generali, has incorporated Coinbase Prime as a liquidity provider.

According to a statement sent to Finance Magnates,
this agreement includes a plan to support up to 50 tokens on Conio’s app by the
end of the year. Additionally, Conio will launch a project to extend custody
technology to prominent blockchains like Ethereum, Polygon, and Avalanche.

Merone, the General Manager of Conio, mentioned:
“Our goal is to become the most reliable partner for banks, financial
institutions, and companies looking to enter the world of digital assets.
Thanks to this new agreement, Conio can provide them with a fast and secure
on-ramp.”

Expect ongoing updates as this story evolves…

This article was written by Jared Kirui at www.financemagnates.com.

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