UniCredit Expands Digital Asset Business with Custody and Brokerage Plans

Italian bank UniCredit is exploring an expansion of its digital asset business. The bank has begun selecting a technology provider for infrastructure that could support digital asset custody and brokerage services.

The new infrastructure would enable UniCredit to offer a broader range of digital asset services, including tokenized investments, fixed income securities, stablecoin services, and ways for clients to gain crypto exposure.

UniCredit has already offered professional clients a product linked to BlackRock's Bitcoin ETF and issued a tokenized minibond on a public blockchain. The bank is also part of Qivalis, a European banking consortium preparing to launch a euro-denominated stablecoin in the second half of 2026.