Azimut, one of the main independent operators in asset management in Europe with over 83 billion euros under management, participated as lead investor in the capital increase of 16 million euros of Young Platform, an Italian fintech platform that simplifies access to the world of cryptocurrencies.
Among the main Italian Fintech scale ups Young Platform aims to simplify access to the world of cryptocurrencies through a platform of digital products and an intense educational and dissemination activity of blockchain technology and its applications. Among the top three cryptocurrency trading platforms in Italy with 36% market share, the company at the end of the first quarter 2022 had over 1 million users equal to 11 times the volumes of the previous year and aims to become a smart digital bank with a focus on new digital services.