UniCredit Looks for Technology Partner to Offer Crypto Trading and Custody Services

UniCredit, one of Italy’s largest banks, is in the early stages of discussions to find a technology provider that can supply the infrastructure needed for digital‑asset trading, custody and tokenized investment products.

Areas of Interest

The bank’s focus includes:

• Crypto custody and brokerage capabilities
• Tokenized investment products
• Stablecoin‑based fixed‑income securities

Industry Context

Other major banks are also expanding into digital‑asset services. U.S. Bank recently completed a live cross‑border payment using its own USBDC stablecoin. Standard Chartered launched spot Bitcoin (BTC) and Ether (ETH) trading for institutional clients in the United Arab Emirates and previously introduced custody services in the region. Israel’s Leumi bank partnered with Galaxy Digital to offer Bitcoin, Ether and Solana (SOL) trading, with a launch slated for early 2027.

Next Steps

UniCredit has not disclosed the identity of any potential technology partner, and the discussions remain preliminary. The bank has been approached for comment but has not provided a response.