Bitpanda will provide crypto infrastructure to Raiffeisen network banks, potentially extending digital asset access to about 18 million customers.
Raiffeisen Bank International (RBI), an Austrian banking group with operations across Central and Eastern Europe, is expanding its cryptocurrency push through a group-wide partnership with Bitpanda.
Bitpanda Enterprise will provide the digital asset infrastructure that RBI’s network banks can use to introduce crypto services, potentially reaching about 18 million customers, according to a joint announcement on Wednesday. Individual banks will determine their offerings and rollout based on local market and regulatory requirements, the companies said.
RBI CEO Michael Höllerer said the bank is seeing growing demand for crypto assets across its markets and is addressing it with Bitpanda.
