EU Bank Unlocks 2,000+ Digital Assets for Customers Through Bitpanda Partnership

EU Bank Unlocks 2,000+ Digital Assets for Customers Through Bitpanda Partnership

Austria’s Raiffeisenlandesbank Niederösterreich-Wien (RLB NÖ-Wien) has created a partnership with leading crypto platform Bitpanda that lets its clients trade a substantial variety of digital possessions straight through the bank’s mobile application.


TLDR

  • Raiffeisenlandesbank Niederösterreich-Wien (RLB NÖ-Wien) has actually partnered with Bitpanda to provide digital possession trading to its clients.
  • RLB NÖ-Wien ends up being the very first significant conventional European bank to supply crypto trading abilities.
  • Clients can now trade over 2,000 digital possessions consisting of crypto, stocks, ETFs and rare-earth elements through RLB’s mobile banking app.
  • The white label service from Bitpanda supplies a smooth, easy to use combination with RLB’s existing digital banking offerings.
  • As a certified, regulated platform, Bitpanda permits RLB NÖ-Wien to provide digital property financial investments securely, transparently and in a certified way.

The first-of-its-kind offering in the European banking scene supplies RLB NÖ-Wien consumers streamlined access to over 2,000 crypto, stock, ETF and rare-earth elements financial investment items thanks to Bitpanda’s robust facilities provided through a white label software application service.

RLB NÖ-Wien CEO Michael Höllerer stated Bitpanda’s smooth combination assists the bank fulfill climbing up need for digital financial investment chances while sealing its customer-focused technique.

“As a strong, reputable partner, we customize our items to the requirements of our consumers. The joint offering with Bitpanda reacts to the constantly increasing need for digital financial investment options,”
Höllerer discussed.

The multi-asset assistance must interest users looking for direct exposure to options like crypto in addition to traditional offerings, with the banking app user interface cultivating simple onboarding.

By leveraging Bitpanda’s fully-modular platform, RLB NÖ-Wien acquires the certified exchange’s rigid security practices and performs trading under proper regulative guardrails.

As a controlled Austrian entity boasting several European crypto, possession dealing and e-money consents, Bitpanda opens digital property adoption for incumbent organizations lacking their own licenses.

Lukas Enzersdorfer-Konrad, Bitpanda’s CEO, stated, “It permits our consumers to invest straight from their savings account, securely, firmly, and with self-confidence.”

The plug-and-play nature of the Bitpanda white label option indicated RLB NÖ-Wien presented the customer-facing performance in around 10 months.

By taking the leap into crypto property trading for customers, RLB NÖ-Wien seals itself as an innovator blazing routes in properly broadening digital property ease of access amongst tradition attire.

Höllerer declared the Bitpanda collaboration for pressing borders. “With Bitpanda as a strong cooperation partner, we can broaden our offering with an ingenious element,” he stated. “In the future, we are providing our consumers an even more comprehensive well-rounded service with modern financial investment types.”

As the inaugural significant EU bank leveraging Bitpanda’s facilities to unlock digital financial investments, RLB NÖ-Wien might trigger peers to do the same.

And for Bitpanda, the cooperation signifies its innovation options can customize plug-and-play crypto market direct exposure to banks looking for to take advantage of rising customer need.

Editor-in-Chief of Blockonomi and creator of Kooc Media, A UK-Based Online Media Company. Follower in Open-Source Software, Blockchain Technology & & a Free and Fair Internet for all. His writing has actually been priced quote by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & & More. Contact Oliver@blockonomi.com

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