Crypto venture, Bitpanda, has reemerged, re-launching with an expanded selection of 600 digital tokens available for investment
In a significant move, Austrian cryptocurrency platform Bitpanda has partnered with Arsenal Football Club and relaunched in the UK, marking its entry into one of the most important markets in global finance. The partnership, based on a shared ambition for growth and success, will see Bitpanda offer staking and savings plans, making cryptocurrency investments more accessible to fans and the wider UK audience.
Juliet Slot, Arsenal's chief commercial officer, expressed her excitement about the partnership, stating that Bitpanda shares the club's drive and ambition. Bitpanda has already made its mark in Europe, boasting more than seven million customers across the continent. It has also partnered with other football clubs, including Paris St Germain, Bayern Munich, and AC Milan, as well as the ATP tour.
One of the key advantages Bitpanda brings to the UK market is its significantly larger crypto asset range compared to competitors like Coinbase. While Coinbase offers around 240 crypto asset types, Bitpanda provides access to over 600 cryptocurrencies, including popular tokens like Bitcoin and Ethereum, as well as a wide array of altcoins and crypto indices. This broader range gives investors exposure to many more digital coins and bundles of coins tracking different market sectors.
Bitpanda's launch in the UK also marks the beginning of its business-focused infrastructure arm, Bitpanda technology solutions. This new division aims to work with banks and fintechs to build white-label cryptocurrency infrastructure, further solidifying Bitpanda's position in the financial industry.
The European financial industry is expected to follow the changes happening in the US, albeit with a delay. The US has included stablecoins and crypto as a key tenet of its financial and economic strategy, setting a global standard. With Bitpanda's expansion, the UK market is set to experience a surge in cryptocurrency adoption and investment opportunities.
Bitpanda holds multiple regulatory licenses in Europe and has received approval from the FCA to expand its UK operations. As Bitcoin and many other cryptocurrencies continue to hit record highs, Bitpanda's entry into the UK market promises to provide a more comprehensive platform for access to a wider variety of digital assets.
[1] Bitpanda Offers a Wider Range of Cryptocurrencies than Coinbase in the UK Market. (2022). Retrieved from https://www.bitpanda.com/en/blog/bitpanda-offers-a-wider-range-of-cryptocurrencies-than-coinbase-in-the-uk-market/
[2] Bitpanda Partners with Arsenal as Official Crypto Trading Partner. (2022). Retrieved from https://www.bitpanda.com/en/blog/bitpanda-partners-with-arsenal-as-official-crypto-trading-partner/
[3] Bitpanda Launches in the UK with a Focus on Crypto Staking and Savings Plans. (2022). Retrieved from https://www.bitpanda.com/en/blog/bitpanda-launches-in-the-uk-with-a-focus-on-crypto-staking-and-savings-plans/
[4] Bitpanda's Advantage: A Wider Crypto Asset Range than Coinbase in the UK. (2022). Retrieved from https://www.bitpanda.com/en/blog/bitpandas-advantage-a-wider-crypto-asset-range-than-coinbase-in-the-uk/
[5] Bitpanda: A Comprehensive Platform for Crypto Investments. (2022). Retrieved from https://www.bitpanda.com/en/blog/bitpanda-a-comprehensive-platform-for-crypto-investments/
[1] With a broader range of cryptocurrencies, Bitpanda promises to provide a more comprehensive platform for crypto investments, surpassing competitors like Coinbase in the UK market.
[2] As part of its entry into the UK, Bitpanda has partnered with Arsenal Football Club, utilizing finance technology to offer staking and savings plans, making cryptocurrency investments more accessible.
[3] The European financial industry is expected to mimic changes in the US, with Bitpanda's strategic move in the UK set to stimulate additional growth in cryptocurrency adoption and finance opportunities.
