Conio Adds Coinbase Prime to Liquidity Pool

Conio, the fintech partly owned by Poste Italiane and Banca Generali, announced that it has added Coinbase Prime as a liquidity provider, expanding the digital assets that Conio can offer.

Coinbase, an American, publicly-traded company (NASDAQ:COIN) is considered one of the worldwide leaders reference in the digital asset industry. Conio aims to further solidify its position in the Italian digital asset market. 

This new agreement will enable a quicker and more secure channel for Italian banks and financial institutions to meet the growing demand for digital assets accessing Coinbase's liquidity.

"We are truly proud to announce the start of a collaboration between Conio and Coinbase. Our goal is to become the most reliable partner for banks, financial institutions, and companies looking to enter the world of digital assets. Thanks to this new agreement, Conio will be able to provide them with a fast and secure on-ramp," comments Orlando Merone, General Manager of Conio.

"We are pleased to announce our collaboration with Conio to increase liquidity available to support Italian banks and financial institutions operating in the digital asset sector. This collaboration between two companies that share fundamental values of trust, transparency, and security will bring benefits to the entire industry," comments Daniel Seifert, Vice President and Regional Managing Director, EMEA, Coinbase.

(Source: Finextra)