UniCredit seeks infrastructure partner for crypto trading, custody: Report
Summary
UniCredit Bank is exploring a technology provider to build infrastructure for digital asset trading and custody, along with access to tokenized investment products. The bank’s talks are still early, with interest in crypto custody, brokerage services, tokenized products, and stablecoin-based fixed-income securities. The move reflects a broader push among major banks into digital asset and stablecoin infrastructure. Recent examples include U.S. Bank completing a live cross-border payment using its USBDC stablecoin, Standard Chartered launching spot Bitcoin and Ether trading for institutional clients in the UAE, and Israel’s Leumi partnering with Galaxy Digital to offer Bitcoin, Ether, and Solana trading through its investment platform.
