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Italian Bank Group Banca Sella to Test Custody Services for Stablecoins and Other Digital Assets

Summary: According to Bloomberg, sources revealed that Italian bank group Banca Sella Holding SpA is conducting an internal pilot project to test custody services for stablecoins and other digital assets. The sources stated that Sella has been collaborating with technology provider Fireblocks for this pilot. They also mentioned that currently, the bank group only allows a ...

According to Bloomberg, sources revealed that Italian bank group Banca Sella Holding SpA is conducting an internal pilot project to test custody services for stablecoins and other digital assets. The sources stated that Sella has been collaborating with technology provider Fireblocks for this pilot. They also mentioned that currently, the bank group only allows a limited number of professional employees to hold digital assets internally, but may expand this service to customers in the future.

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Link: Italian Bank Group Banca Sella to Test Custody Services for Stablecoins and Other Digital Assets [Copy]

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