Coinbase joins forces with Bitpanda for European expansion
Defi and Exchanges

Coinbase joins forces with Bitpanda for European expansion

Bitpanda recently announced a strategic partnership with Coinbase, under which the exchange will become one of the approved liquidity providers for Coinbase’s white-label investment product.

The alliance is designed to enable Coinbase to expand its presence on the European continent by leveraging the SaaS investment platform Bitpanda Technology Solutions developed by the Austrian company.

As described by Bitpanda, the agreement will be mutually beneficial to both parties:

“As part of the agreement, Bitpanda will add Coinbase Exchange to its network of approved liquidity providers, giving institutions the opportunity to leverage Bitpanda’s extensive set of regulatory licenses and KYC-as-a-service to accelerate their time-to-market across Europe.”

At the same time, Bitpanda Technology Solutions will integrate Coinbase Exchange as its primary liquidity provider, and Coinbase Prime will guarantee liquidity in the event of a withdrawal, according to the announcement.

Earlier this month, Coinbase rolled out its One subscription service in Europe. The Brian Armstrong-led exchange is now looking to reduce its dependence on the US market as regulators raise their game with major crypto players.

We are delighted with this partnership with Bitpanda, which enables us to meet the needs of institutions looking to offer compliant and robust crypto services to their customers and the market,” said Guillaume Chatain, Head of Institutional Sales for the EMEA and APAC regions at Coinbase.

Article written by:

Laeti Marison, also known as SatoshiBelle, is a multifaceted professional with a passion for community management, content creation, and digital marketing. With a diverse background in various roles, Laeti has consistently demonstrated her expertise and dedication in the field. Recognizing her potential, Laeti then took on the responsibilities of a Project and Community Manager at Magna Numeris and Cartam from November 2018 to March 2021. In this role, she showcased her ability to successfully lead projects and foster strong relationships within the community. Currently, Laeti serves as an SEO content writer, Digital Marketing Manager, and co-founder at magazine, starting from February 2022 till now. Through her expertise in digital marketing and her passion for the crypto industry, she has contributed to the success of the magazine, ensuring its content remains relevant, engaging, and informative.

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