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Back|UniCredit Bank explores digital asset and tokenization infrastructure
UniCredit Bank explores digital asset and tokenization infrastructure
NEWS
Cointelegraph·1 hour ago·Business·1 min read

UniCredit Bank explores digital asset and tokenization infrastructure

Quick Look

UniCredit Bank is in early-stage discussions to source technology for digital asset trading, custody, and tokenized investment products, joining other major global banks in exploring blockchain-based financial infrastructure.

AI-generated summary

Why It Matters

Major global banks are increasingly integrating digital asset services, including custody and stablecoin payments, into their traditional banking offerings.

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UniCredit Bank is seeking a technology provider that would allow it to build infrastructure for digital asset trading, custody and access to tokenized investment products.

The Italian bank’s discussions are still in the early stages, with areas of interest including crypto custody and brokerage capabilities, tokenized investment products and stablecoin-based fixed-income securities, people familiar with the matter told Bloomberg on Friday.

Cointelegraph has approached UniCredit for comment on what technology provider might fill this infrastructure gap.

Some of the biggest banks are experimenting with digital asset and stablecoin infrastructure, including America’s fifth–largest commercial bank, U.S. Bank, which completed a live cross-border payment using its proprietary USBDC stablecoin on Wednesday.

On Sept. 3, London-headquartered multinational bank Standard Chartered launched spot Bitcoin (BTC) and Ether (ETH) trading for institutional clients in the United Arab Emirates. The bank previously launched digital asset custody services in the region in September 2024.

In August, Israel’s largest bank, Leumi, partnered with Galaxy Digital to offer customers Bitcoin, Ether and Solana (SOL) trading through the bank’s investment platform, with the launch expected in early 2027.

Open Questions

  • ?Which technology provider will UniCredit select?
  • ?What is the timeline for the implementation of these services?

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This article was originally published by Cointelegraph.

Quick Look

UniCredit Bank is in early-stage discussions to source technology for digital asset trading, custody, and tokenized investment products, joining other major global banks in exploring blockchain-based financial infrastructure.

AI-generated summary

Story signals

News tone
Neutral
Emotional intensity
Medium
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Moderate
Follow-up likelihood
Likely
Relevance window
Weeks

Source & Reliability

Source
Cointelegraph
Story type
Hard news
Source quality
Full
Published
1 hour ago

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