Hi Jimmy,
yes this is exactly my assumption.
The issue is that in Credential manager and in the application settings all is set up as it should. I've already checked the places you suggested multiple times without noticing anithing wrong. Moreover our Windows 10 LTSC PCs have the same credential format and they work.
I've also started to suspect that something goes wrong in the Kerberos and NTLM authentication. Since there is no trust between the two domains maybe the first behavior of windows 11 is to ask a Kerberos ticket in his domain and then try the NTLM one in another domain. This is just a theory at the moment.
Let me know if you have other ideas. Thank you.