Express
Italian Insurance Giant Generali Gets Into Bitcoin, Launching Crypto Custody Service
Summary: The banking arm of Italy’s largest insurance company, Assicurazioni Generali Group, announced Tuesday “the launch of a new corporate and commercial partnership with Conio Inc., a fintech company operating in the cryptocurrency industry.” The Italian stock exchange-listed Banca Generali is a private bank that is part of the main Generali Group. It manages over 70.4 ...
The banking arm of Italy’s largest insurance company, Assicurazioni Generali Group, announced Tuesday “the launch of a new corporate and commercial partnership with Conio Inc., a fintech company operating in the cryptocurrency industry.” The Italian stock exchange-listed Banca Generali is a private bank that is part of the main Generali Group. It manages over 70.4 billion euros ($85.6 billion) in assets for more than 300,000 customers. The announcement details: “Under this partnership agreement, Banca Generali will acquire a stake in Conio Inc. to support the company’s growth and the distribution of its products as part of the Banca Generali’s range of digital services offered to its customers.”
By Amy Liu
Tags: Bitcoin,Insurance,Italian
Link: Italian Insurance Giant Generali Gets Into Bitcoin, Launching Crypto Custody Service [Copy]
