Crypto platform Bitpanda launches wealth product

The new service is aimed at high net wealth individuals and institutions

Bitpanda, an Austria-based crypto trading platform, has launched Bitpanda Wealth, a new service for high net wealth individuals and institutions. 

The new service will offer investment, management and reporting for crypto-related assets. It will include crypto indices, as well as stocks, ETFs, commodities and metals.  

Nicolas Huber will lead the new service and be supported by a team of relationship managers from around Europe. Huber brings nearly 10 years of experience serving high net wealth individuals and family offices in the traditional finance and crypto industries.  

Huber said: “For nearly a decade Bitpanda has established a proven track record with regulators for doing things the right way. Bitpanda Wealth takes those credentials, combined with a world-leading infrastructure, to deliver a fully holistic service. Bitpanda Wealth is going to change the way our users manage their money.” 

Eric Demuth, co-founder and chief executive officer of Bitpanda, said: “Crypto as an asset class has never been in greater demand from such a wide range of investors.  

“Bitpanda Wealth is an exciting new offer that we can bring to market for the first time because of our long commitment to trust, security, and regulation.  

“We are the only platform that has the regulatory requirements, the infrastructure, our Bitpanda Custody and the necessary licenses to offer this unique service in Europe. It combines our technological expertise with a tailored approach to digital asset investment management and will of course deliver to the high expectations of every user.” 

Image:  Bitpanda  

Josh Poyser Josh Poyser is an editor at FinTech Intel. He has written about fintech for several years and appeared at FinTech Connect 2023 on the 'Unlocking Success: The Art of Fintech PR' panel.