Bitpanda Enters Into a License Agreement With Coinbase

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Last Updated on May 25, 2023 by Bitfinsider

The Vienna-based cryptocurrency investment firm Bitpanda has signed a licensing agreement with Coinbase.

Coinbase will become a liquidity provider for Bitpanda Technology Solutions, the “investing-as-a-service” branch of Bitpanda, which will also begin using Coinbase Prime’s custody services.

According to the announcement, the partnership will enable Coinbase Institutional clients outside the United States to white-label Bitpanda’s investing-as-a-service platform.

Institutional clients of the platform can incorporate trading infrastructure in order to provide their own customers with trading, investment, and custody tools for a variety of assets, including cryptocurrencies. Already utilizing the service are the Austrian bank Raiffeisenlandesbank, the German neobank N26, the French fintech company Lydia, and the British company Plum.

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