Trillion-Dollar Italian Bank Moves To XRP, But How Much Have They Bought?

May 18, 2026

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The $18 Million Position Making Waves

According to recent reports, Italian banking heavyweight Intesa Sanpaolo, a financial institution managing roughly $1.1 trillion in assets, expanded its cryptocurrency exposure substantially between late 2025 and the first quarter of 2026.

XRP Is Part Of A Bigger Crypto Strategy

The XRP allocation was only one part of a much larger crypto expansion strategy unveiled during the quarter. Alongside the new XRP position, Intesa Sanpaolo also increased its Bitcoin exposure and added Ethereum-related investments for the first time.

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