RBI Banks Join Bitpanda for Crypto Expansion Across 11 European Markets
Raiffeisen Bank International (RBI), an Austrian banking group with operations across Central and Eastern Europe, is expanding its cryptocurrency offerings through a partnership with Bitpanda. The deal will allow RBI's network banks to introduce crypto services, potentially reaching about 18 million customers. RBI CEO Michael Höllerer said the bank is seeing growing demand for crypto assets across its markets and is addressing it with Bitpanda.
The partnership builds on an existing crypto integration launched with Austria's Raiffeisenlandesbank Niederösterreich-Wien in 2024. Bitpanda Enterprise will provide the digital asset infrastructure that RBI's network banks can use to introduce crypto services, according to a joint announcement on Wednesday. Individual banks will determine their offerings and rollout based on local market and regulatory requirements.
A spokesperson for Bitpanda told Cointelegraph that the rollout remains at an early stage and will proceed gradually based on local market and regulatory requirements, with further details to come as individual markets are confirmed.