Bitpanda and Raiffeisen Bank Expand Partnership to Serve 18 Million Customers
- Bitpanda and Raiffeisen Bank International (RBI) are expanding their partnership to create digital asset infrastructure for RBI’s subsidiaries in Central and Eastern Europe.
- The new infrastructure aims to support services for approximately 18 million customers across the region.
- The rollout will be phased, tailored to local regulatory requirements and customer needs.
- This initiative builds on a successful model first implemented in Austria, where RBI’s subsidiary became the first EU bank to offer cryptocurrency access directly.
- RBI CEO Michael Höllerer noted an increasing demand for crypto assets in their markets, which they aim to meet with this partnership.
The collaboration between Bitpanda and RBI is set to enhance digital asset offerings within traditional banking frameworks across multiple countries, reflecting a growing trend in financial services. This expansion follows a successful pilot program in Austria that began in the previous year.
With plans to serve millions of customers through this group-wide infrastructure, Bitpanda and RBI are positioning themselves at the forefront of digital asset integration in banking.(Source)
