Coinmotion, a Finnish cryptocurrency broker, has recently partnered with Bitpanda Technology Solutions, a leader in crypto infrastructure. This collaboration will allow Coinmotion to expand its cryptocurrency offerings from 12 to over 400 digital assets. By leveraging Bitpanda’s infrastructure, Coinmotion aims to enhance its platform’s user experience, boost revenue, and provide customers with advanced liquidity and secure custody services. Coinmotion users currently have access to 10 popular cryptocurrencies, with plans to introduce a wider selection in the near future, solidifying its position as a Nordic crypto leader in the region.
Antti-Jussi Suominen, CEO of Coinmotion, stated that the broker is experiencing a surge in customer demand as more individuals are embracing cryptocurrency investments. Through this partnership, Coinmotion aims to strengthen its market dominance in Finland and pioneer the crypto space across the entire region. By offering the largest selection of cryptocurrencies in the Nordic region, Coinmotion, in collaboration with Bitpanda, is driving innovation in the digital assets space while maintaining the highest security standards, as mentioned by Lukas Enzersdorfer-Konrad, CEO of Bitpanda Technology Solutions.
Bitpanda, based in Vienna, Austria, is one of the largest European crypto providers with over five million users. Its cloud-based infrastructure, Bitpanda Technology Solutions (BTS), provides user-friendly infrastructure for digital assets to over 25 million potential users across Europe and beyond. BTS’s infrastructure is highly customizable to meet the needs of each partner and has already attracted numerous financial institutions, fintech companies, and crypto exchanges. Recent partnerships with the National Bank of Ras Al Khaimah (RAKBANK) in the United Arab Emirates and Raiffeisenlandesbank Niederösterreich-Wien (RLB NÖ-Wien) in Austria showcase Bitpanda’s commitment to transforming financial services through digital assets.
The partnership between RAKBANK and Bitpanda aims to develop a digital asset management platform to offer UAE residents a more efficient and secure way to manage their finances using digital assets. This partnership highlights the potential of digital assets to revolutionize financial services and provide customers with innovative solutions. Additionally, Bitpanda’s collaboration with Deutsche Bank in Germany has allowed the company to streamline deposits and withdrawals in traditional currencies by gaining access to German IBANs. This partnership with a major German bank enhances the user experience for Bitpanda customers by offering seamless transactions in both traditional and digital assets.
Overall, the partnership between Coinmotion and Bitpanda signifies a significant step towards expanding cryptocurrency offerings in the Nordic region and driving innovation in the digital assets space. By leveraging Bitpanda’s infrastructure, Coinmotion can enhance its platform’s user experience, provide customers with a wider selection of digital assets, and maintain the highest security standards. With Bitpanda’s track record of successful partnerships with major financial institutions, the collaboration between Coinmotion and Bitpanda is poised to strengthen their positions as leaders in the crypto industry and transform financial services through the adoption of digital assets.
