Milan, 18 May 2023
BlockInvest, in collaboration with Crédit Agricole Italia, Indosuez W.M., Illimity, Deloitte,
is proud to announce that its project has been selected as one of the winning fintech
projects of the Bank of Italy’s Milan Fintech Hub “Call for proposals.”
The goal is to realize a Blockchain-based technological solution that will allow, on the
one hand, Italian companies to finance themselves more efficiently through the
issuance of “tokenized” debt instruments (such as bonds and minibonds) and, on the other
hand, to offer qualified investors an accessible tool capable of attracting new liquidity to
the market.
The project is particularly aimed at supporting Italian SMEs, with the aim of channeling
private individuals’ savings into the real economy through a transparent, secure and
highly innovative system.
In addition, as part of this project, an implementation of a secondary market that is
robust and scalable will be studied. This will be made possible through BlockInvest’s
development of a security token standard that will ensure maximum interoperability
among the instruments and issuers involved.
The selection of the project among those chosen by the Bank of Italy is a significant
acknowledgement that confirms BlockInvest’s approach with public blockchains, which
provide high transactional transparency and easy oversight by regulators, fostering a
secure and reliable investment environment for all stakeholders.
BlockInvest has enlisted the support and collaboration of Crédit Agricole Italia, Indosuez
W.M., Illimity, and Deloitte to pursue this ambitious project. This collaboration from a
strategic perspective brings together complementary skills and extensive experience in
finance, technology, planning and regulation, creating a solid foundation for the success
of this initiative.
“BlockInvest is extremely honored to have been selected among the projects of the
Bank of Italy’s Milan Fintech Hub,” said Lorenzo Rigatti, CEO of BlockInvest. “This
the opportunity allows us to advance our vision of supporting Italian SMEs through
blockchain technology and contribute to innovation and economic growth in our
country.”
BlockInvest, in collaboration with its partners, will work closely with Banca d’Italia to
launch this revolutionary platform, establishing itself as a central player in the field of
integrating financial systems on the blockchain.
