Raiffeisen expands crypto access through Bitpanda partnership

Raiffeisen Bank International is partnering with Bitpanda to provide digital asset infrastructure to its network banks. The infrastructure could reach about 18 million customers. Individual banks will decide their crypto offerings and rollout based on local market and regulatory requirements. A Bitpanda spokesperson said the rollout is at an early stage and will proceed gradually. RBI CEO Michael Höllerer said the bank is seeing growing demand for crypto assets across its markets. The partnership builds on a crypto integration launched with Austria's Raiffeisenlandesbank Niederösterreich-Wien in 2024. Bitpanda is authorized under the European Union's Markets in Crypto-Assets Regulation. Bitpanda said it regularly discusses crypto brokerage services with banks and financial institutions. Bitpanda declined to comment on active or confidential talks.