- Intesa Sanpaolo’s crypto investment exposure more than doubled to about $235 million from roughly $100 million.
- The bank expanded its portfolio by adding spot Bitcoin ETFs, BlackRock’s staking Ether ETF, and Grayscale’s spot XRP ETF.
- It sharply reduced its Solana exposure while adjusting its crypto-related equity holdings through purchases of BitGo and Coinbase shares.
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Italy’s largest bank, Intesa Sanpaolo, more than doubled its crypto-related investment exposure in the first quarter.
Cointelegraph reported on May 17 that the bank’s crypto exposure increased to about $235 million at the end of March from roughly $100 million at the end…
