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Genoa-based Hodli secures Italy’s first crypto asset management license

The Bank of Italy has granted Genoa-based fintech Hodli authorization to act as the country’s inaugural crypto asset portfolio manager. This regulatory milestone, achieved under the European Union’s Markets in Crypto-Assets Regulation (MiCAR), allows the firm to move beyond simple custody services into active investment management for its clients.

Today, 19:37Business Person610 views
Genoa-based Hodli secures Italy’s first crypto asset management license

Unlike existing Italian competitors restricted to holding digital assets for users, Hodli now possesses the legal framework to manage portfolios directly. CEO Gianluca Sommariva confirmed the firm utilizes proprietary algorithms to monitor and allocate investments, layering artificial intelligence over these processes to drive performance.

This approval enables Hodli to establish partnerships with traditional banking institutions, providing them with the infrastructure to integrate crypto components into broader customer investment strategies.

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