Italian cryptocurrency wallet company Conio has partnered with Coinbase to bring digital assets to banks and financial institutions in Italy. The partnership will provide liquidity to institutions working with digital assets and will expand the wallet’s support for up to 50 tokens by the end of 2023. Conio will also extend its custody technology to blockchains such as Polygon, Ethereum, and Avalanche. The goal is to become the most reliable partner for banks and financial institutions entering the world of digital assets. The partnership with Coinbase Prime will meet the growing demand for digital assets in Italy. Conio is also involved in the Euro Token project, managed by the innovation center of the Bank of Italy, which aims to tokenize the Euro. The Bank of Italy is exploring the digital asset space and supporting the development of a security token ecosystem for institutional DeFi.
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