Intesa Sanpaolo Doubles Crypto Holdings to $235M in Q1
- Intesa Sanpaolo’s crypto holdings increased from approximately $100 million at the end of 2025 to around $235 million by March 31.
- The bank reduced its position in the Bitwise Solana Staking ETF, cutting shares from 266,320 to just 2,817.
- Intesa added its first stake of 165,600 shares in BitGo while exiting its investment in Bitmine.
- Coinbase shares held by Intesa rose from 1,500 to a total of 10,357 shares.
- Ripple announced it would provide custody services to Intesa last month as the bank strengthens ties with the digital asset sector.
As European banks expand their crypto offerings, Intesa Sanpaolo’s significant increase in crypto investments reflects a growing trend among financial institutions to engage with digital assets. The bank’s strategic adjustments also highlight its evolving approach within this sector.
Intesa Sanpaolo has more than doubled its crypto holdings to $235 million while significantly reducing its Solana exposure and increasing investments in BitGo and Coinbase.(Source)
