Author: Federico Morgantini

The entry of two heavyweights from wealth management, private insurance, and quantitative finance accelerates the fintech’s positioning as the benchmark regulated infrastructure for private assets in Italy.

MILAN, 2026 – Weltix S.p.A., the first integrated and regulated fintech infrastructure for the digital management of private assets in Italy, announces a major enhancement of its governance with the appointment of Giuseppe Frascà and Mario Bortoli to its Board of Directors.

The appointment of two highly prominent figures in the Italian and European financial landscape comes during a phase of strong strategic acceleration for Weltix. The objective is to consolidate the company’s role as the leading technological and infrastructural partner for banks, advisory networks, and asset managers, backed by its three authorizations supervised by Consob, the Bank of Italy, and MIMIT (Ministry of Enterprises and Made in Italy).

Profiles of the New Board Members

Giuseppe Frascà is one of the leading figures in wealth management and private insurance in Italy and Europe. He holds a Law degree with a specialization in tax law from the Università Cattolica of Milan and began his professional career at the Zurich and RAS-Allianz groups. In 2001, he founded Farad International Luxembourg, an insurance broker that was among the first to introduce unit-linked and index-linked products under the Freedom to Provide Services (FOS) framework in Italy. In 2010, he co-founded Firstance (formerly First Advisory), today a leading European tech platform for private insurance solutions in wealth management, with over €40 billion in intermediated assets, where he currently serves as Founder & Board Member. From 2007 to 2010, he was also Chairman of the Permanent Technical Commission on Private Insurance established within AIPB (Italian Private Banking Association).

Mario Bortoli brings over twenty years of experience at the highest levels of asset management and quantitative finance. He holds a degree in Electronic Engineering from the University of Padua and earned a Master of Science in Computational Finance from Carnegie Mellon University in Pittsburgh. Throughout his career, he has held senior leadership roles at Dresdner Kleinwort Benson in London, Banca Monte dei Paschi di Siena, Sanpaolo Alternative Investments, and Eurizon Alternative Investments—where he served as General Manager and Chief Investment Officer—as well as Fideuram Investimenti SGR, where he was Head of Multi-Manager Investments. In 2015, he co-founded Euclidea SIM, the first Italian digital wealth management firm, which was recently acquired by Banca Ifis. He currently serves as Chairman of the Board of Directors at Hercle, an institutional infrastructure that integrates fiat currencies, digital assets, and stablecoins for global payment flows.

Corporate Statement

The addition of Frascà and Bortoli to the Weltix board addresses the need to guide a market—that of private assets and tokenization via DLT (Distributed Ledger Technology)—which is undergoing a structural paradigm shift. The combination of regulatory expertise, deep knowledge of private distribution networks, and quantitative asset management experience of the new directors will enable Weltix to accelerate the development of solutions capable of seamlessly, digitally, and scalably connecting the €5 trillion of Italian private savings with the real economy.

About Weltix S.p.A.

Weltix is Italy’s first integrated infrastructure for the digital management of private assets, backed by three regulatory authorizations from Consob, the Bank of Italy, and MIMIT. Its regulated platform offers plug-and-play services for issuance placement, natively digital trust custody, and financial instrument tokenization on DLT registries. It enables banks, intermediaries, and private investors to manage unlisted financial instruments in a compliant, digital, and scalable manner across three business lines:

1. Regulated Placement (EU Reg. 2020/1503, Consob Authorization No. 22966)
2. Trust Custody & Integrated Taxation (MIMIT Authorization dated 10/03/2020)
3. Tokenization of Financial Instruments & DLT Registry Management (Consob Authorization No. 23641 issued on 23/07/2025)

With its plug-and-play architecture, Weltix empowers banks, financial intermediaries, funds, and issuers to seamlessly adopt advanced technology for efficient private asset lifecycle management.

Media Contacts

• Weltix S.p.A. | Piazzale Cadorna 13, Milan | press@weltix.tech | www.weltix.tech
• IRTOP Consulting – Media Relations Advisor | Via Bigli 19, Milan | +39 02 4547 3884

Corporate Information

• Company: Weltix S.p.A.
• Placement: Consob Authorization No. 22966
• DLT Registration: Consob Authorization No. 23641 (issued 23/07/2025)
• VAT Number: 09650010961
• Certified Email (PEC): weltix@pec.it
• Registered & Operational Headquarters: Piazzale Cadorna 13, 20123 Milan, Italy

Securitization Goes Natively Digital on DLT

Milan, June 8, 2026 · 5 min read

Weltix and doValue announce a partnership to issue and circulate securitization notes directly on a DLT registry, leveraging Weltix’s Consob-authorized infrastructure.

Securitization is one of the financial system’s most widely used tools for transforming receivables, mortgages, loans, and invoices into tradable securities.

While highly effective, it comes with a burden well-known to industry professionals: multiple intermediaries, manual reconciliations, long settlement times, and structuring costs that often make mid-sized transactions unsustainable.

This exact friction is the focus of the partnership announced on June 8, 2026, by doValue and Weltix.

The two companies have forged a strategic partnership to apply Distributed Ledger Technology (DLT) to securitization transactions—the first initiative of its kind in Italy.

The concept is simple in theory but highly complex in execution: securities are issued, held, and circulated digitally on a distributed ledger, while maintaining full legal equivalence with traditional instruments.

doValue, a leading European provider of integrated financial services with approximately €136 billion in assets under management, is opening access to this new funding tool for its client base. Weltix acts as the DLT Registry Manager, authorized by Consob (Authorization No. 23641).

Two complementary sets of expertise: the structuring and servicing of complex transactions on one side, and compliant natively digital issuance on the other.

Cosa cambia quando il titolo nasce su un registro distribuito

The practical result is a streamlined settlement and servicing process. Transaction settlement cycles are shortened, and data governance becomes truly end-to-end. Consequently, smaller-scale transactions—which are currently penalized by the fixed costs of traditional structuring—become economically viable. This is not the replacement of a financial instrument, but its technological upgrade within the existing regulatory framework.

The impact on issuers and investors

For Issuers. Banks, intermediaries, funds, and corporates gain access to a more efficient and scalable issuance tool, featuring streamlined processes and data control across the entire lifecycle.

For Investors. The native digitization of securities translates into greater transparency, faster settlement, and broader accessibility. This makes mid-sized transactions viable—assets that, under the traditional model, often fall short of the profitability threshold due to high structuring costs.

For Weltix, this confirms its role as a regulated technological infrastructure that enables financial institutions to adopt digital private asset management without forcing them to reinvent their processes.

Weltix announces the appointment of Andrea Papa as Debt Capital Markets (DCM) Director.

This appointment marks far more than just a team expansion: it represents the launch of a new strategic business line for the company within the digital debt market.

Andrea built his expertise in fintech and corporate lending at Opyn, where he focused on developing financing solutions for SMEs and managing complex transactions, credit structures, securitizations, and digital processes applied to finance—always working closely with institutional investors, banks, and asset managers.

In his new role, Andrea will spearhead the development of activities related to natively digital debt products, leveraging blockchain technology and the Consob-authorized DLT (Distributed Ledger Technology) Registry—both central components of Weltix’s technological infrastructure.
Weltix has built an infrastructure that enables it to manage the entire lifecycle of debt instruments—from structuring and placement to post-issuance management—in an efficient, compliant, and scalable manner.

This model has already been proven through two transactions where Weltix acted as the technological and regulated partner for tokenized debt issuances with leading financial institutions, including UniCredit.

Weltix has announced the appointment of Federico Morgantini as its new Communication & Marketing Director. The appointment is part of a strategic reinforcement of the leadership team, aimed at consolidating the company’s institutional presence and expanding its communication footprint across the capital markets and private banking sectors.

Federico Morgantini brings a distinguished, multidisciplinary background as an entrepreneur, journalist, and digital technology expert. He holds a degree in Mechanical Engineering from the Politecnico di Milano. In 1998, he founded one of Italy’s pioneering web marketing agencies before gaining extensive international experience in Shanghai and Hong Kong, where he supported Italian companies entering Asian markets.

Since 2018, serving as a partner and media manager for Forbes Italia and Bluerating, he has overseen editorial and television content focused on innovation, the digital economy, and emerging technologies. In 2022, he launched an editorial agency specializing in content marketing for major publications, including DigiTech.News and AssetCrypto.

At Weltix, Morgantini will be responsible for consolidating corporate communications within the financial market and broadening the dialogue with traditional operators and institutional entities.