financemagnates.com
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...