Intesa Sanpaolo Doubles Crypto Holdings to $235M in Q1
- Intesa Sanpaolo’s crypto exposure increased from approximately $100 million at the end of 2025 to around $235 million as of March 31.
- The bank significantly reduced its position in Solana, cutting shares in the Bitwise Solana Staking ETF from 266,320 to just 2,817.
- Intesa added its first stake of 165,600 shares in BitGo and increased Coinbase shares from 1,500 to over 10,000.
- Shares of Intesa closed at €5.74 on Friday, down by about 1.56% for the day and off by approximately 3.14% year-to-date.
- Ripple recently announced it would provide custody services to Intesa Sanpaolo as the bank strengthens ties with the digital asset sector.
Intesa Sanpaolo’s strategic moves reflect a growing commitment to the cryptocurrency market amid increasing adoption across European banks. The bank’s adjustments highlight both investment diversification and a focus on emerging digital asset services.
With holdings now totaling around $235 million, Intesa Sanpaolo is positioning itself as a significant player in the evolving crypto landscape.(Source)
