Bitpanda Teams Up with Solaris to Provide Insured Custody for Crypto Assets

Vienna, 28th May 2024

Bitpanda, a prominent cryptocurrency platform in Europe, has officially announced a strategic partnership with Solaris, which stands as Europe’s largest embedded finance platform. This collaborative effort will involve Solaris making use of Bitpanda’s custodial infrastructure to avail of an insured, licensed, and user-friendly custodial wallet for the storage of cryptocurrencies, including Bitcoin and Ethereum.

The partnership serves as a testament to the adaptable nature of Bitpanda Technology Solutions’ “Investing-as-a-Service” offering, which presently caters to the trading needs of over 19.5 million customers across Europe. Through this modular platform, traditional banks, fintechs, neo-brokers, and crypto companies are granted the capability to seamlessly integrate a 24/7 trading infrastructure, facilitating the provision of trading, investing, and custody services across diverse asset classes. Partners can access Bitpanda’s array of licenses and leverage features such as savings plans, asset-to-asset swaps, and crypto staking functionality.

Lukas Enzersdorfer-Konrad, CEO of Bitpanda Technology Solutions, conveyed his sentiments regarding the partnership, affirming, “Bitpanda Technology Solutions was devised to be adaptable and to cater precisely to the requirements of our partners, in their preferred manner and timing. We present a fully licensed, modular, secure, and scalable infrastructure that can be relied upon to deliver. Collaborating with our partners to foster innovation and provide value for their users stands as our primary focus, and we are confident that it will continue to yield results.”

Notably, Bitpanda Technology Solutions is acknowledged as one of the most scalable “Investment-as-a-Service” infrastructures in Europe and globally. The platform empowers FinTechs, traditional banks, and online platforms to offer regulated trading, investment, and custody services for stocks/ETFs, cryptocurrencies, precious metals, and commodities. Partners have the opportunity to construct their own offerings on an ISO 27001-certified and time-tested infrastructure. This entirely modular platform enables integration via state-of-the-art API or direct white label.

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