Banca Sella Holding SpaOne of the most important bank groups in our country has started with one Internal pilot project to test digital custody such as Stablecoin. According to sources close to the initiative, the group works together with the technological provider Fire blocks To conduct these experiments, which would currently only include a limited number of specialized employees who are authorized to keep digital assets within the bank. The aim is to evaluate the possibility of expanding the service at a later time to retail and business customers, but the final decision will only be made after the summer, as soon as the test phase is completed. Both Banca Sella and Fireblocks have not been released, notes BloombergNo official position.
According to information in circulation, the Pilot project would only focus on custody of cryptocurrencies And, at least for the time being, Does not provide for the range of trading services on Bitcoin or other volatile cryptocurrencies. The bank, known for its tendency to technological innovation, intends to carefully evaluate the results of the experiments before they make operational decisions involving its customer base, consisting of 1.4 million users and more than 66 billion euros in deposits managed.
Thanks to the introduction of clearer rules for crypt activity with MICA legislation, the European regulatory context is preferred by the gradual access of traditional banks in the digital assets sector. In Italy, the most important Sella competitors are already taking concrete steps in this direction: Intesa SanpaoloThe largest national banking group made its first direct purchase of Bitcoin in January 2025, while Unicredit Instead, he announced the launch of a structured product connected to the BlackRock Bitcoin Trust ETF Ishares Bitcoin Trust, which offers total protection against the risk of loss for professional customers.
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