Bitpanda launches institutional crypto platform with cold storage

Bitpanda Wealth uses Bitpanda’s proprietary custody solution, which applies cold storage to keep investors’ assets safe.

Austrian fintech unicorn Bitpanda is launching an institutional-grade cryptocurrency trading platform in response to the growing demand for institutional crypto services in Europe.

Bitpanda, a major cryptocurrency broker founded in 2014, has launched Bitpanda Wealth, a new service targeting high-net-worth individuals, family offices, external asset managers and corporate treasuries.

Announcing the news on Jan. 30, Bitpanda said that the new institutional platform was built using the same infrastructure that several major European banks trusted. Bitpanda Wealth offers a suite of services to facilitate crypto investment, management and reporting services, also featuring leverage products, exchange-traded funds, commodities and other assets.

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