Bitpanda closes its first quarter of 2024 with its position as the leading crypto-exchange in Europe, thanks to its offering of a whopping 411 cryptocurrencies.
Not only that, through its B2B platform, Bitpanda Technology Solutions (BTS), these cryptos are also available to partner banks, fintech companies, (neo-)brokers, and cryptocurrency companies.
Summary
Bitpanda: the leading exchange in Europe now offers a total of 411 cryptocurrencies, also available on BTS
Good news at home Bitpanda: the broker confirms to be a leader in Europe for its wide range of cryptocurrencies and more.
And indeed, Bitpanda now boasts over 4.5 million European users in almost 30 countries, after a significant period of growth. Its leadership can also rely on its wide range of 411 cryptocurrencies, as well as 2,800 digital assets including stocks, ETFs, precious metals, and commodities.
These cryptocurrencies (and all assets) have also been made available on the B2B platform, Bitpanda Technology Solutions (BTS), involving partner banks, fintech companies, (neo-)brokers, and cryptocurrency companies.
Specifically, BTS provides the infrastructure to unlock trading for over 19.5 million customers across Europe.
In this way, traditional banks, fintech companies, (neo-) brokers, and cryptocurrency companies will be able to offer trading, investment, and custody services for every asset class in a modular way, integrating a modular and scalable trading infrastructure 24 hours a day, 7 days a week.
Not only that, BTS is an ISO 27001 certified platform and involves other features such as savings plans, asset-to-asset swaps, and crypto staking functionalities.
Bitpanda: the crypto-exchange and its B2B platform, BTS, conquering Europe
Bitpanda is expanding also thanks to the results of its new B2B platform, Bitpanda Technology Solutions (or BTS).
In this regard, Lukas Enzersdorfer-Konrad, CEO of BTS, said:
“When we launched BTS, we knew it would cause a significant disruption in the European banking space. Competition has never been so fierce for banking customers, as more and more people in Europe are taking an interest in their finances, even exploring crypto assets. With BTS, our partners get an authorized, modular, secure, and scalable trading infrastructure they can rely on in just a few months. Tokenization is here to stay, access to it is now the benchmark by which banks are measured, and this is what BTS enables them to do.”
Not only that, such growth and expansion of Bitpanda aims to conquer Europe, also from a regulatory perspective.
Philipp Bohrn, CEO and Head of Regulation at Bitpanda, commented:
“This extension of the license is another important piece of the puzzle. The corresponding law was only introduced in February 2023 and we received the relevant license less than a year after applying for it. Bitpanda is the first provider of virtual currencies to have all the necessary licenses to offer not only virtual currencies to its customers, but also financial instruments throughout the European Union. For us at Bitpanda, regulatory compliance is not only a fundamental part of our strategy, but also a key differentiating factor from other market operators. Bitpanda actively seeks exchange with regulatory authorities and will continue to do so within the framework of MiCAR.”
Q1 2024: important partnerships and
Only in this first quarter (or Q1) of 2024, the Austrian exchange Bipanda seems to have acted strategically, aiming precisely to achieve the desired growth results.
And indeed, right in January 2024, Bitpanda consolidated its long-term partnership with the renowned German football club Bayern Munich, becoming the exclusive crypto partner.
Already with this collaboration, Bitpanda has secured a wide television visibility, being well represented inside and around the Allianz Arena. Furthermore, there is the opportunity to collaborate with the players as part of a broader branding commitment.
When it comes to financial institutions, Bipanda has then entered into a new partnership with Raiffeisenlandesbank Niederösterreich-Wien (RLB NÖ-Wien) bank, to offer crypto trading together.
Thanks to the new partnership, customers of the traditional bank RLB NÖ-Wien can access well over 2000 digital assets (such as crypto, precious metals, etc) through the mobile banking app “Mein ELBA”.
More recently, however, Bitpanda welcomed a new partner into its home: the Landesbank Baden-Württemberg (LBBW), the largest federal bank in Germany. In this case, Bitpanda is involved in launching crypto custody services, through its “investment-as-a-service” infrastructure.
