Bitpanda, the Vienna-based crypto broker, announced Wednesday the development of Vision Chain, an Ethereum layer-2 network built to enable European banks and financial technology firms to issue and manage tokenized assets. The platform is designed for compatibility with the Markets in Crypto Assets Regulation (MiCA) and the Markets in Financial Instruments Directive (MiFID) II. The announcement positions Bitpanda as a regulated infrastructure provider for traditional financial institutions looking to move assets onto blockchain networks.
Vision Chain combines Optimism‘s OP Stack with institutional custody and compliance tooling, allowing regulated European companies to tokenize and trade traditional assets such as stocks, bonds, and funds on an Ethereum-based rollup. Bitpanda argues that this approach, paired with its existing banking partnerships in Germany and Austria, lowers the barrier for traditional institutions to adopt blockchain infrastructure without building their own systems from the ground up. The company frames Vision Chain as a practical on-ramp for regulated entities entering the tokenized asset space.
Bitpanda’s announcement draws on broader projections for the asset tokenization market. Research firm Mordor Intelligence estimates the market will expand from approximately $2.08 trillion in 2025 to $13.55 trillion by 2030, reflecting a compound annual growth rate of roughly 45% as more real-world assets move onto blockchain networks. The company is positioning Vision Chain to capture a share of that anticipated growth among European institutions.
Vision Chain enters a competitive landscape that already includes prominent trading platforms and established financial exchanges. Robinhood, Nasdaq, and the New York Stock Exchange are among the names piloting blockchain-based infrastructure and extended trading hours to attract institutional participation. Earlier this week, Nasdaq partnered with Talos on a tokenized collateral platform intended to unlock more than $35 billion in currently inaccessible collateral, underscoring the pace of institutional activity in the sector.
Institutional networks such as Canton are also conducting live experiments involving tokenized US Treasurys, money market funds, and other real-world assets for banks and market infrastructure providers. The growing number of participants signals that tokenization is moving from pilot projects toward broader adoption across traditional finance. Bitpanda is seeking to differentiate itself through its regulatory standing and existing European client base.
Founded in Vienna in 2014, Bitpanda states it currently serves more than seven million users across Europe through its investing platform and business-to-business infrastructure services. The company presents itself as one of Europe’s most regulated crypto firms. However, an investigation published in January by a consortium linked to the International Consortium of Investigative Journalists, citing internal documents and audit findings at Bitpanda’s German subsidiary, reported deficiencies including information security weaknesses and inadequate oversight of outsourced functions. Cointelegraph contacted Bitpanda for further comment but had not received a response before publication.
Originally reported by CoinTelegraph.
