UniCredit is holding early discussions to identify a technology provider for infrastructure supporting digital-asset trading, custody and tokenization, including potential tokenized investment products and fixed-income securities backed by stablecoins. No final product decision, provider selection or launch date has been established. The bank has previously pursued tokenization, Bitcoin-linked investment exposure and a euro stablecoin initiative. Any crypto-asset service offered by UniCredit in the European Union would be subject to the notification framework under the Markets in Crypto-Assets regulation, or MiCA.