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Intesa Sanpaolo Adds $18M Grayscale XRP Stake in Q1 2026

GateNews

Industry Reports Stocks

2026-05-16 19:11:58

XRP0.14%

BTC-0.06%

ETH0.29%

SOL-0.1%

According to Q1 reports, Intesa Sanpaolo, Italy’s largest bank, added 712,319 shares of Grayscale XRP Trust valued at approximately $18 million in the first quarter of 2026. The position provides indirect exposure to XRP through the investment vehicle rather than direct token ownership.

Intesa Sanpaolo’s broader crypto-related assets climbed to about $235 million by the end of Q1 2026, up from roughly $100 million in Q4 2025. The bank expanded its Bitcoin holdings and gained Ethereum exposure during the quarter while reducing Solana-linked positions.

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