Mesh, a US-based fintech company, and Conio, an Italian fintech firm, have jointly announced the launch of Europe’s first Open Banking solution for Bitcoin.
Hosted on Conio’s platform, this innovative solution now provides over 430,000 customers in Italy with integrated access to the cryptocurrency ecosystem. Users can seamlessly link their Bitcoin wallets with major digital asset exchange platforms.
The collaboration enables Conio’s app to directly connect with ten prominent platforms, including Binance, Coinbase, and Kraken, with plans for additional integrations in the near future. This initiative aims to streamline account management across multiple platforms within the Conio App, setting a new standard for Open Banking in the Bitcoin and digital assets sector.
The project addresses common Bitcoin transfer challenges such as QR code usage and complex address handling, aiming to enhance user experience by reducing risks associated with incorrect transfers. Conio’s custody solutions, leveraging a three-private-keys system, further enhance security for users.
Representatives from Conio emphasized the significance of this collaboration in creating an integrated ecosystem that simplifies the use of secure custody solutions, providing users with a platform to manage their assets securely while gaining direct access to leading exchange platforms.