Cryptocurrency wallet provider Conio has partnered with leading U.S. exchange Coinbase in an effort to expand digital asset offerings for Italian banks and financial institutions. Announcing the collaboration on Monday, Conio said it will leverage Coinbase Prime to secure liquidity and trading capabilities covering a broad spectrum of cryptocurrencies. By the end of 2023, the fintech firm aims to extend custodial wallet support to nearly 50 different tokens through its integration. The move comes as confidence in cryptocurrency adoption continues to gain momentum across European finance. Regulatory clarity offered by impending crypto frameworks such as Markets in Crypto Assets (MiCA).
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