RBI Teams Up with Bitpanda for Widespread Crypto Trading
Raiffeisen Bank International (RBI) is teaming up with Bitpanda to offer cryptocurrency trading services across 11 European markets. The partnership will allow RBI's nearly 18 million customers to access crypto through their local banking apps.
The rollout will vary by region, depending on local regulatory requirements. Each individual Raiffeisen subsidiary will determine its own timing and product offerings.
Bitpanda Enterprise will provide the necessary digital infrastructure for the partnership. RBI's CEO, Michael Höllerer, emphasized the bank's commitment to meeting customer needs in a rapidly changing market.
The new agreement builds on an earlier collaboration between Bitpanda and Raiffeisenlandesbank Niederösterreich-Wien in Austria. The MiCA regulation allows Bitpanda to offer compliant crypto services across EU member states, supporting its expansion into new banking partnerships.