Crypto broker Bitpanda launches blockchain to connect EU banks with tokenized assets

The Vienna-based firm is joining the growing race joins race to build compliant blockchain rails for traditional securities like equities and funds. What to know : Vienna-based crypto broker Bitpanda is launching a blockchain to let European banks and fintechs issue and settle tokenized assets under rules such as MiCA and MiFID II. Vision Chain will use regulated euro-denominated stablecoins for transaction fees and rely on Optimism’s Ethereum-based infrastructure. The move positions Bitpanda in a broader race among financial firms, including Robinhood, Nasdaq and the New York Stock Exchange, building compliant blockchain platforms for trading tokenized securities around the clock.(Coindesk)