Bitpanda has just announced that the platform now offers access to over 500 cryptocurrencies, setting a new standard in crypto investing.
Bitpanda noted that this milestone cements their position as the European crypto platform for investors looking to diversify and “capitalize on the growing opportunities in the digital asset market.”
With Bitpanda’s expanded crypto offering, all BTS partners now have access to this broad “selection of over 500 crypto assets.”
Bitpanda explained that this allows their partners to seamlessly integrate an extensive range of digital assets into their own offering, “enabling them to meet the growing demand for portfolio diversification among their users.”
By leveraging BTS’s modular and compliant infrastructure, financial institutions and fintechs can quickly “scale their crypto offerings and provide unparalleled value to their customers.”
As covered last month, Eventus, a provider of trade surveillance and financial risk solutions, and Bitpanda, Europe’s crypto platform, announced that Bitpanda will deploy Eventus’ Validus platform to meet its trade surveillance needs and legal obligations.
Established in Vienna in 2014, Bitpanda has offices across the region, including Vienna, Barcelona, Berlin, Krakow and Bucharest.
After a review of trade surveillance solution providers, Bitpanda selected Eventus to help the firm leverage automation to “prevent market abuse, manipulation and insider trading.”
Manol Vanev, Compliance Officer at Bitpanda, said that they evaluated every solution available on the market “before narrowing down candidates.”
They also noted that Eventus rose to the top based on “a variety of factors, including its state-of-the-art solution, strong reputation and extensive experience with many of the world’s largest digital asset firms, broad track record in traditional finance with other asset classes, and expertise in markets and regulation.”
Also important to them is the solution’s reported “ease of use” and the robust and customizable “procedure coverage offered by Validus.”
Philipp Bohrn, Bitpanda Vice President Public and Regulatory Affairs, said: they have grown quickly, and they “need a sophisticated, user-friendly platform that can handle our data and messaging volumes, whilst maximising our efficiencies and scale to meet any capacity needs we may have in the future.”
