Intesa Sanpaolo Bank in Italy Expands Cryptocurrency Exposure

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ME News report: On May 16 (UTC+8), Italy United São Paulo Bank significantly increased its exposure to the cryptocurrency sector in the first quarter of 2026. Its crypto-related assets rose from approximately $100 million in Q4 2025 to about $235 million currently. As of March 31, the bank increased its Bitcoin holdings and made its first Ethereum purchase by buying iShares Staked Ethereum Trust. In addition, the bank held 712,319 shares of Ripple via Grayscale XRP Trust (worth about $18 million) while reducing its exposure to Solana. (Source: MLion)
BTC0.62%
ETH0.6%
XRP-0.52%
SOL0.71%
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SecondaryMarketDeserter
· 5h ago
Italian banks are much more aggressive than French banks, interesting.
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GlassDomeUniverse
· 6h ago
BTC+ETH+XRP, the three classics, a conservative combination with no surprises
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On-ChainNightSecurityGuard
· 6h ago
Bank entry = Top? I've seen this script too many times.
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CalmWarehouseUnderTheAurora
· 6h ago
Did lowering the SOL exposure scare you after last year's crash?
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IOnlyTrustOn-ChainData.
· 6h ago
$235 million isn't a lot for São Paulo, but the signaling significance is maximized.
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QuietExitPlan
· 7h ago
iShares' fees are killing people, banks just want to appear compliant.
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GovernanceVoting
· 7h ago
2026 Q1 data? Is this news from the future?
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0xLateCoffee
· 7h ago
Buying ETH ETF instead of spot, old money still fears private keys
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L2NightCourier
· 7h ago
Solana is being liquidated, and institutions are starting to be selective.
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BorrowingBuddy
· 7h ago
XRP holdings of 18 million, daring to enter before the lawsuit is even finished
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