Intesa Sanpaolo Expands Crypto Exposure to $235 Million

Intesa Sanpaolo, Italy's largest bank, has significantly increased its exposure to cryptocurrencies, signaling growing institutional appetite for digital assets. According to a recent report, the bank's crypto holdings have grown from $100 million to $235 million in the first quarter of 2026.

The bank's new allocation includes Ethereum and XRP, introduced through regulated vehicles such as staked trust products and ETFs. This move marks a departure from its previous portfolio, which had included Solana but has now been significantly reduced.