The partnership between Coinmotion, a Finnish cryptocurrency broker, and Bitpanda Technology Solutions is set to revolutionize the digital asset landscape. With the integration of Bitpanda's infrastructure, Coinmotion will expand its cryptocurrency offerings from 12 to over 400 digital assets, enhancing user experience and revenue streams.
Already providing access to popular cryptocurrencies like bitcoin (BTC), Ether (ETH), Chainlink (LINK), Uniswap (UNI), and Ripple (XRP), Coinmotion users can expect an even broader selection in the near future. This partnership opens up new opportunities for Coinmotion to offer advanced liquidity and secure custody services, ensuring a seamless trading experience for its customers.
Expanding Presence in Scandinavia
Antti-Jussi Suominen, CEO of Coinmotion, notes a surge in customer demand for cryptocurrency investments, propelling the broker to establish itself as a Nordic crypto leader. By collaborating with Bitpanda, Coinmotion solidifies its market dominance in Finland and pioneers the crypto space across Scandinavia, offering the largest selection of cryptocurrencies in the region.
“Together, we are driving innovation in the digital assets space while maintaining the highest security standards,” said Lukas Enzersdorfer-Konrad, CEO of Bitpanda Technology Solutions.
Bitpanda Partners with Major Financial Institutions
Among the key players in the European crypto market, Bitpanda has garnered over five million users and expanded its reach through Bitpanda Technology Solutions (BTS). This cloud-based infrastructure caters to over 25 million potential users across Europe and beyond, attracting financial institutions, fintech companies, and crypto exchanges with its customizable and scalable solutions.
Partnering with the National Bank of Ras Al Khaimah (RAKBANK) in the UAE, BTS is leading the development of a digital asset management platform to enhance financial services and provide secure asset management options for customers. This collaboration highlights the growing interest in digital assets and the transformation of traditional banking services.
In a strategic move earlier this year, Bitpanda formed partnerships with Raiffeisenlandesbank Niederösterreich-Wien (RLB NÖ-Wien) in Austria to introduce crypto trading services to clients. Additionally, a collaboration with Deutsche Bank in Germany paved the way for streamlined deposits and withdrawals in traditional currencies, ensuring a seamless user experience.
