Conio Partners with Coinbase to Meet Growing Demand for Digital Assets
Conio, a fintech company supported by Poste Italiane and Banca Generali, has announced its partnership with Coinbase, a leading global crypto exchange. This collaboration aims to provide Italian banks and financial institutions with a more efficient and secure channel to meet the increasing demand for digital assets. Through the integration of Coinbase Prime as one of its liquidity providers, Conio expands its offering of digital assets.
Coinbase Prime Exchange: Enhancing Liquidity on Conio
As part of this partnership, Coinbase joins Conio’s network of partners and provides direct access to liquidity. With its strong reputation and over 400,000 retail customers, banks, and financial institutions relying on its security standards and custody technology, Conio aims to solidify its position in the Italian market for digital assets. The company plans to support up to 50 tokens on the Conio App by the end of 2023 and extend its custody technology to EVM blockchains such as Ethereum, Polygon, and Avalanche.
Successful Partnership and Recognition for Conio
This collaboration marks the end of a successful year for Conio, which has expanded its partnerships with Chainalysis and been selected in the Visa Innovation Program Europe 2023. Additionally, Conio has been recognized as a Sample Vendor in the Blockchain Wallets category in the Gartner® Hype Cycle for Blockchain and Web3 2023. Orlando Merone, General Manager of Conio, expressed pride in this collaboration and emphasized their goal of becoming a reliable partner for banks, financial institutions, and companies entering the world of digital assets.
Hot Take: Strengthening Access to Digital Assets in Italy
The partnership between Conio and Coinbase is set to enhance the liquidity and accessibility of digital assets for Italian banks and financial institutions. By leveraging Coinbase’s reputation and Conio’s secure technology, this collaboration will contribute to the growth of the industry as a whole. As Conio continues to expand its offering and strengthen its position in the market, it aims to provide fast and secure access to the evolving universe of digital assets for its partners. This partnership represents a significant step towards meeting the increasing demand for digital assets in Italy.
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