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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