Italy’s Intesa Widens Scope of Crypto Desk to Cover Spot Trades

  • Milan-based lender trades crypto options, futures and ETFs
  • Trading operations are part of bank’s broader blockchain plans

An Intesa Sanpaolo bank branch in Brescia, Italy.

Photographer: Francesca Volpi/Bloomberg
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Intesa Sanpaolo SpA is expanding the remit of its digital assets desk to handle spot trades with cryptocurrencies, the latest move deeper into the new market by a traditional bank.

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