UniCreat (Italy's 2nd largest bank) is quietly building crypto infrastructure—custody, brokerage, tokenized products.
They're shopping for tech partners to hold digital assets + facilitate txs. On the table: tokenized bonds, stablecoin rails for clients, direct crypto exposure.
This isn't random. MiCA just gave EU banks the green light to move, and UniCreat's been laying groundwork:
• Launched structured product tied to BlackRock's $IBIT earlier this year
• Issued Italy's first tokenized minibond on public chain
• Co-founded Qivalis to build euro stablecoin
• Just bought stake in VC Trade (German digital lending platform)
EU tradfi is waking up. When legacy banks start building custody + on-chain rails, liquidity follows. Watch who they partner with—that's the real alpha.
They're shopping for tech partners to hold digital assets + facilitate txs. On the table: tokenized bonds, stablecoin rails for clients, direct crypto exposure.
This isn't random. MiCA just gave EU banks the green light to move, and UniCreat's been laying groundwork:
• Launched structured product tied to BlackRock's $IBIT earlier this year
• Issued Italy's first tokenized minibond on public chain
• Co-founded Qivalis to build euro stablecoin
• Just bought stake in VC Trade (German digital lending platform)
EU tradfi is waking up. When legacy banks start building custody + on-chain rails, liquidity follows. Watch who they partner with—that's the real alpha.