- Banca Generali acquired a stake in Conio, Inc., a Milan, Italy-based fintech and cryptocurrency services provider
- Banca Generali acted as main investor in a Conio Inc. capital increase operation approved for a total of USD 14m
- The deal also includes a commercial distribution agreement to start offering Conio’s services to Banca Generali’s customers in 2021
- Founded in 2015 by Christian Miccoli and Vincenzo Di Nicola, Conio is a fintech company operating in the cryptocurrency industry
- Listed on the Milan Stock Exchange since November 2006, the Bank manages assets of over €70.4 billion on behalf of over 300,000 customers
- Since 2019, Banca Generali has been operating in Switzerland through BG Valeur, offering personalized advisory and management services
