RBI to provide digital asset services across Europe with Bitpanda support
Bitpanda and Raiffeisen Bank International (RBI) are expanding their strategic partnership across Central and Eastern Europe.
Raiffeisen Bank International, an Austrian banking group with a presence in Central and Eastern Europe, has partnered with Bitpanda to offer crypto trading services across 11 European markets via its network of banks. This collaboration could potentially provide digital asset access to approximately 18 million customers, according to a joint announcement on Wednesday.
The specific offerings and rollout strategy for each individual bank will be determined based on local market conditions and regulatory requirements. Raiffeisen Bank International CEO Michael Höllerer stated that the bank is witnessing increasing demand for cryptocurrency assets across its markets and is responding to this demand with the partnership.
Bitpanda's spokesperson mentioned that the rollout is at an early stage, with further details to be revealed as individual markets are confirmed. The partnership builds on a previous collaboration initiated in 2024 with Raiffeisenlandesbank Niederösterreich-Wien. Bitpanda, authorized under the European Union's Markets in Crypto-Assets Regulation (MiCA), is actively engaged in discussions with banks and financial institutions regarding crypto brokerage services, but declined to provide further details on ongoing or confidential talks.
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