Bitpanda launches blockchain to connect EU banks with tokenized assets

The Vienna-based cryptocurrency broker Bitpanda has launched a blockchain that allows European banks and fintech companies to issue and settle tokenized assets in accordance with regulations such as MiCA and MiFID II. Vision Chain will use a regulated euro-denominated stablecoin to pay transaction fees and will rely on Optimism’s Ethereum infrastructure. Bitpanda joins financial companies, including an exchange, in the race to develop compliant blockchain platforms for round-the-clock trading of tokenized securities.