23 February 2022

BG Conio service launched for Banca Generali clients

Banca Generali's innovation also extends to the field of cryptocurrencies. As of today, BG Conio, the service provided by Conio in collaboration with Banca Generali, comes to life, providing our clients with custody, trading and reporting services related to the world's leading cryptocurrency: Bitcoin.

BG Conio allows our customers to trade in Bitcoin in total autonomy, operating directly through their current account via the Banca Generali Private Mobile Banking app.

Why use BG Conio?

There are many reasons for this, based on two main aspects: reliability and simplicity.

• Reliability because the new functionality relies on a platform already established on the Italian market such as Conio's and features a 3key multi-signature system to allow the recovery of Bitcoins present in the customer's wallet in exceptional and emergency cases.
• Simplicity because there are no documents to fill in on paper, but 100% digital activation, a simplified user experience familiar to those who already know our services, and assistance provided by our Contact Centre, which is always available for any information.

Our Chief Operating Officer Riccardo Renna commented: "We have been working with Conio on an innovative custody solution based on a multi-signature system that ensures the safekeeping of Bitcoins and the ability to recover the wallet in certain cases, such as succession. This is made possible because Banca Generali holds the third security key on behalf of the client, allowing them to recover their Bitcoins in case of need. We believe that this is the real strength of our proposition which sets us apart in the market".

How to access BG Conio?

Through the Mobile Banking App, all Banca Generali Private's natural person clients can operate within the highly interesting cryptocurrency sector, benefiting from a simplified experience and reduced activation times with the aim of providing high standards of security.

Watch the tutorial!