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      UniCredit Expands into Digital Assets with New Crypto Services

      UniCredit, Italy's second-largest bank, is actively pursuing partnerships with technology firms to develop a comprehensive range of digital asset services, marking a significant shift from its previously cautious approach to cryptocurrencies. The bank is in early discussions to establish infrastructure for custody, brokerage, and tokenized investment products, positioning itself as a key player in the growing institutional crypto market in Europe.

      The planned offerings include digital asset custody, trading capabilities, and stablecoin-backed fixed-income securities. This ambition follows UniCredit's recent initiatives, such as issuing Italy's first tokenized minibond valued at €5 million on a public blockchain in December 2025 and investing €4 million for a 16% stake in BlockInvest, an Italian tokenization platform, in April 2026. Additionally, the bank has offered structured products linked to BlackRock's iShares Bitcoin Trust ETF for professional investors.

      UniCredit's involvement in the Qivalis consortium, which is developing a euro-denominated stablecoin compliant with the European Union's Markets in Crypto-Assets (MiCA) regulatory framework, further underscores its commitment to digital finance. The MiCA framework provides a clear regulatory environment for crypto assets, enabling banks to innovate without the fear of sudden regulatory changes. Over the past year, UniCredit has invested approximately €9 million in the digital asset sector, signaling its intent to integrate these services into its broader banking operations.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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