Raiffeisen and Bitpanda Team Up to Bring Crypto Services to 11 European Markets

Austria's Raiffeisen Bank International (RBI) has partnered with cryptocurrency exchange Bitpanda to expand its digital asset presence across 11 European markets.

Under the agreement, Bitpanda Enterprise will provide a digital assets infrastructure for RBI's member banks, enabling them to launch crypto services and potentially reach around 18 million customers.

RBI CEO Michael Höllerer stated that the demand for cryptocurrencies in their markets is growing, prompting the decision to partner with Bitpanda. 'As a customer-centric bank, we strive to meet our clients' needs in the best possible way,' he said.