Austrian Bank Plans To Roll Out Crypto Offerings
On April 26th, RLB N-Wien, an Austrian cooperative banking company, revealed its plans for expanding its services in the crypto industry.
RLB N-Wien is a century-old Austrian cooperative banking behemoth. In collaboration with a local crypto firm, Bitpanda, the bank is preparing to launch crypto investment services.
According to a joint announcement made today, RLB N-Wien intends to offer a wide range of cryptocurrencies to its clients via Bitpanda’s software as a service offering. Crypto investment will be available alongside investment services for stocks, ETFs, precious metals, and commodities.
The partnership with Bitpanda aims to broaden our product offering with an innovative, secure component, allowing all customers to easily accumulate wealth.
The new project aims to allow the bank’s customers to invest in various assets regardless of the amount of available capital, enabling investments from as minuscule as one Euro.
(With inputs from Shikha Singh)
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