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Intesa Sanpaolo Doubles Down on Crypto, Buys Ethereum, XRP
Description
Intesa Sanpaolo, Italys largest bank, significantly boosted its crypto portfolio in Q1 2026, nearly doubling its holdings to over $235 million. The bank expanded its Bitcoin investments, entered Ethereum, and added XRP through Grayscale trusts. Intesa also ventured into crypto derivatives and adjusted its crypto-related stock holdings, increasing Coinbase shares. Despite exiting Solana, these moves indicate a growing interest in digital assets, aligning with Europes broader trend of bank expansion in crypto offerings.
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