Top Italian Bank to Offer Bitcoin Trading to Over 1.3 Million Customers

Banca Sella, the second-oldest bank in Italy, has announced its plans to offer Bitcoin trading.

Banca Sella is preparing to facilitate Bitcoin trades for its more than 1.3 million customers, marking it as one of the oldest financial institutions to adopt this asset class.

The bank will provide Bitcoin trading through its mobile banking platform, Hype. Initially, beta testing will be available to a select group of Hype Plus (premium) customers. The company has also announced that all customers will have access to Bitcoin trading within a few days.

On Monday, Banca Sella took another step in this direction by announcing its Bitcoin trading service.

The trading will be offered through Hype, a mobile platform that has been a joint venture between Banca Sella Holding and Illimity Bank since 2021. This partnership has made Hype one of the most popular and widely used financial digital services in Italy.

This new service will enable Italian Bitcoin holders to trade the cryptocurrency directly on the Hype platform without needing an exchange. This development represents a significant step for cryptocurrency, demonstrating further mainstream acceptance and adoption of the asset class.