Reported By: CryptoFundReport.com
TheBlock – The round was led by Italian bank Banca Generali, which invested most of the funds but did not disclose a specific figure. Other smaller investors in the round weren’t made public. As part of the investment, Banca Generali has also signed a commercial agreement with Conio, which will offer its bitcoin trading and custody services to the bank’s customers from next year. Earlier this year, Conio announced a similar partnership with Italian challenger bank HYPE to let its customers buy, sell, and store bitcoin.