Coinbase Has Partnered With This Cryptocurrency Exchange!

USA’s largest cryptocurrency stock market coinbaseAustria-based crypto exchange and trading platform bitpanda partnered with.

SEC Coinbase will use Bitpanda’s business infrastructure layer to connect directly to European banks and fintech firms.

Also, Coinbase is the investment division of Bitpanda. Bitpanda Technology Solutions will be a liquidity provider for

According to the partnership, Bitpanda Technology Solutions will also become Coinbase’s Prime client and use the exchange’s custody services.

Thanks to the Coinbase-Bitpanda partnership, Coinbase’s corporate customers outside of the US will be able to use Bitpanda’s service platform, Bitpanda Technology Solutions, as well as some of Bitpanda’s infrastructure services for their individual customers.

CoindeskSpeaking to , BitPanda COO Lukas Enzersdorfer-Konrad said:

“Despite the decline of the crypto winter and the damage done to the asset class’s reputation from last year’s booms and failures, banks still want to be able to offer crypto to their customers.

In this context, the launch of MICA will enable banks to offer crypto services to their customers.

They have a liquidity location on Coinbase’s exchange and hold custody. But they don’t have the entire infrastructure middle layer that a partner can integrate and deliver cryptos traded on the Coinbase exchange and stored on Coinbase Custody to their end customers.

At this point, Bitpanda and Coinbase will work together to make investing in digital assets safe and secure in a regulated manner.”

Guillaume Chatain, Coinbase’s head of Enterprise Sales for EMEA and APAC regions in his statement, “Coinbase is delighted to partner with Bitpanda to jointly serve institutions that want to bring compatible, robust crypto services to the market and their customers.” said.