BNP Paribas Commercial Banking in France has expanded crypto access by launching six crypto-asset ETNs linked to the performance of bitcoin and ethereum for retail clients. The ETNs are described by the bank as regulated products that offer exposure to the performance of crypto-assets through an indirect investment, without the need for direct purchase or holding of bitcoin or ether. Availability is set to begin March 30, 2026, through the bank’s securities platform for France-based clients, including individuals, entrepreneurs, private banking clients, and Hello bank! customers, with wealth management clients in other markets to follow.
Beyond retail exposure, BNP Paribas’s institutional blockchain strategy emphasizes infrastructure and tokenization rather than direct token trading. The bank has not introduced a public crypto exchange or individual token trading feature, instead advancing tokenization through platforms such as AssetFoundry on Ethereum and Neobonds on Canton, alongside projects involving tokenized fund shares, sovereign debt issuance, and renewable energy financing. Partnerships with Metaco and Fireblocks support digital asset servicing for institutional clients, while participation in wholesale central bank digital currency trials reflects ongoing involvement in regulated settlement innovation. BNP Paribas operates across 64 countries with nearly 178,000 employees.
Leave a Reply